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MARKET CLOSE: NZ shares gain at end of quarter, Sky TV, Scales rise while Meridian drops

MARKET CLOSE: NZ shares gain at end of quarter, Sky TV, Scales rise while Meridian drops

By Sophie Boot Sept. 30 (BusinessDesk) - New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios. Sky Network Television and Scales Corp gained while Meridian Energy fell. The S&P/NZX 50 Index rose 17.64 points, or 0.2 percent, to...

Sophie Boot 30 Sep 2016
NZ dollar heads for 1.9% gain in September quarter; bank stocks keep investors on edge

NZ dollar heads for 1.9% gain in September quarter; bank stocks keep investors on edge

By Paul McBeth Sept. 30 (BusinessDesk) - The New Zealand dollar is heading for a 1.9 percent gain against the greenback this quarter as the country's relatively high interest rates and strong economic outlook continue to attract investors, though concerns about global banks ar...

Paul McBeth 30 Sep 2016
(RESEND): ACC buys high, sells low as Intueri surprises investors with cascade of bad news

(RESEND): ACC buys high, sells low as Intueri surprises investors with cascade of bad news

(Fixes spelling of Bagnall starting in seventh paragraph) By Jonathan Underhill Sept. 30 (BusinessDesk) - Fund managers including those at the Accident Compensation Corp were among sellers of Intueri Education Group shares this week that sent the company to a record low in...