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MARKET CLOSE NZ shares extend rally; Xero at record, Metlifecare at 5-month high
Oct. 22 (BusinessDesk) – New Zealand shares extended their rally, pushing the NZX 50 Index to an all-time high, as newly capitalised Xero closed at a new record and Metlifecare gained to the highest in five months after its biggest shareholder confirmed the sale of its stake. T...
Pacific Edge at record-high after signing 2nd US health provider network
By Paul McBeth Oct. 22 (BusinessDesk) - Shares in Pacific Edge soared to a record high after the Dunedin-based bladder cancer test inventor signed its second deal with a US healthcare network in as many weeks, opening up a sales path to the world’s biggest economy. Pacific Edg...
NZ dollar falls ahead of US jobs as American economy comes back into focus
By Paul McBeth Oct. 22 (BusinessDesk) - The New Zealand dollar fell in local trading ahead of the release of US jobs data which was delayed by political jostling over the Federal budget as growth in the world’s biggest economy comes back into focus. The kiwi fell to 84.42 US c...
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