MARKET CLOSE: NZ shares tank following sudden spread of covid-19
By Dan Brunskill | Mon, 24 Feb 2020
New Zealand shares fell as a sudden increase of coronavirus infections outside Chinese borders unwound earlier confidence the outbreak might be contained. The S&P/NZX 50 Index dropped 216.22 point...
NZ dollar stalled amid ongoing coronavirus concern
By Jenny Ruth | Mon, 24 Feb 2020
The New Zealand dollar was little changed amid ongoing concern at the spread of the coronavirus and its likely economic impact. The kiwi was trading at 63.24 US cents at 5pm in Wellington, little c...
Delegat shares jump as investors see upside to record sales
By Dan Brunskill | Mon, 24 Feb 2020
Delegat Group shares jumped as investors predict the winemaker played down its outlook after reporting a record first-half result. The New Zealand winemaker reported an operating profit of $34.4 m...
Chorus signals higher dividends as UFB build nears end
By Paul McBeth | Mon, 24 Feb 2020
Chorus has signalled plans to pay bigger dividends after an extended period of constrained returns while it built the bulk of the country’s fibre network.The telecommunications network operator today...
Gentrack CEO resigns days before AGM
By Dan Brunskill | Mon, 24 Feb 2020
Gentrack Group has announced the departure of chief executive, Ian Black, just three days before its annual general meeting and without explanation.However, the announcement follows a string of downgr...
