MARKET CLOSE: NZ shares flat as tech rally balances covid fears
By Dan Brunskill | Thu, 13 Aug 2020
New Zealand shares edged higher as gains in local software companies spurred on by Wall Street's tech rally just offset the general malaise of the latest covid-19 lockdown. The S&P/NZX 50 Index ro...
No plans to list on ASX, but Ryman may ask shareholders to reinvest divs
By Paul McBeth | Thu, 13 Aug 2020
Ryman Healthcare is keen on pursuing growth across the Tasman but isn’t considering listing there, although it is mulling over whether to suggest shareholders might like to reinvest their dividends....
Capital raising and retail trading boosts NZX profit
By Dan Brunskill | Thu, 13 Aug 2020
A surge of new investors and a string of new capital raisings during New Zealand's extended covid-19 lockdown helped lift NZX’s first-half profit by 41 percent. Total operating earnings for the hal...
COVID ALERT: 13 new cases of community transmission in Auckland
By Pattrick Smellie | Thu, 13 Aug 2020
A further 13 community transferred cases of covid-19 have been identified in Auckland and more positive cases are regarded as highly likely in what is now being regarded as a 'cluster' outbrea...
Covid property rerating hits Precinct earnings
By Brent Melville | Thu, 13 Aug 2020
Pandemic related devaluations of its Auckland CBD portfolio have hit the financial health of Precinct Properties, with net profit down 81.6 percent at $35.1 million for the year ended June , from $190...
AMP NZ reports lower earnings
Thu, 13 Aug 2020
AMP Wealth Management New Zealand has reported a 16 percent fall in first-half operating earnings to $19 million and a 3 percent fall in assets under management to $12.4 billion despite positive funds...