News in Brief

News in Brief
Auckland Airport beats profit guidance
News in Brief

Auckland Airport beats profit guidance

The underlying loss was just $11.6m, with a reported profit of $191.6m due to property values.  

Dan Brunskill 18 Aug 2022
Fletcher Building pulls market higher
News in Brief Free Market Close

Fletcher Building pulls market higher

Fletcher shares jumped 4.9% when the market opened this morning.

Ella Somers 17 Aug 2022
Agrisea tries to commercialise new biotech
News in Brief

Agrisea tries to commercialise new biotech

The family-owned seaweed processing company borrowed $750,000 to set up commercial production of its nanocellulose hydrogel.

Ben Moore 17 Aug 2022
Mercury shares fall 3% after release of full year result
News in Brief Free Market Close

Mercury shares fall 3% after release of full year result

Energy retailer Mercury was down but NZ's index still managed to end the day in the green ahead of the Reserve Bank of NZ's monetary policy announcement tomorrow.

Ella Somers 16 Aug 2022