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NZ sharemarket up more than 0.5%
Markets Market close

NZ sharemarket up more than 0.5%

The S&P/NZX 50 Index closed at 11,817.91, up 89.9 points or 0.77%.

Retail

Kathmandu still battered by headwinds

CEO Michael Daly told BusinessDesk he is “obviously disappointed”.

Kathmandu still battered by headwinds
Markets

Chorus invests in datacentres to lift ‘non-regulated revenue’

Datacentres in old telco exchanges fill a niche for super-local cloud infrastructure.

Chorus invests in datacentres to lift ‘non-regulated revenue’
Primary Sector

Paul McBeth: PGG Wrightson in need of another white knight

Alan Lai’s plan to oust the board is yet another unnecessary distraction.

PGG Wrightson in need of another white knight
Markets

The companies making money out of free school lunches

Big businesses dominate the provision of free lunches in schools.

The companies making money out of free school lunches
Markets Market close

Another day of falling prices on the stock exchange

It was the sixth day of falls for the NZ exchange.

Graham Skellern 18 Mar 2024
Another day of falling prices on the stock exchange
Retail

Reckoning or rebound? Forsyth Barr rates retailers ahead of earnings

KMD Brands, Warehouse Group and Hallenstein Glasson will report over the next two weeks.

Gregor Thompson 18 Mar 2024
Reckoning or rebound? Forsyth Barr rates retailers ahead of earnings
Markets

Carbon auction: bargain chance or money down the drain

First sale of emission units for 2023 could help finance minister to fill fiscal holes.

Ian Llewellyn 18 Mar 2024
Carbon auction: bargain chance or money down the drain
Markets Market close

NZ sharemarket's wild ride continues as week ends on a fall

The index was down 1.3% for the week.

Graham Skellern 15 Mar 2024
NZ sharemarket's wild ride continues as week ends on a fall
Markets

As Bitcoin climbs, is crypto becoming mainstream?

'You don’t feel like the freak at the barbecue anymore.'

Gregor Thompson 15 Mar 2024
As Bitcoin climbs, is crypto becoming mainstream?