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MARKET CLOSE: NZ stocks fall on renewed Brexit uncertainty, dividend payouts
By Gavin Evans Nov. 16 (BusinessDesk) - New Zealand shares fell as Brexit worries and a lack of earnings news let investors with a lack of direction. Three top-50 stocks also went ex-dividend today. The S&P/NZX 50 index fell 16.19 points, or 0.2 percent, to 8,809.70. Within...
NZ dollar heads for 1.3% weekly gain as investors wind back expectations of further weakness
By Rebecca Howard Nov. 16 (BusinessDesk) - The New Zealand dollar is headed for a 1.3 percent weekly gain against the US dollar as investors wind back their bets that the kiwi has further to fall. The kiwi traded at 68.23 US cents at 5pm in Wellington from 68.29 US cents in...
Refining NZ eyes low-carbon opportunities
By Gavin Evans Nov. 16 (BusinessDesk) - Refining NZ says it is reviewing its activities and potential opportunities to improve shareholder returns in the medium and long term. The operator of the Marsden Point oil refinery says the “Refine its Future” review will look at wa...
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