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MARKET CLOSE NZ shares break more records; Xero, Ryman at new highs
April 30 (BusinessDesk) – New Zealand shares rose, pushing the benchmark index to another record, as Xero, Ryman Healthcare and A2 Corp led companies making new highs. The NZX 50 Index rose 33.40 points, or 0.7 percent, to 4614.37. Within the index, 22 stocks rose, 23 fell and...
NZ dollar holds gains as business confidence, building permits underpin local growth story
By Paul McBeth April 30 (BusinessDesk) - The New Zealand dollar held gains after a business confidence survey and building data didn't derail the prospects for the local economic recovery, and ahead of central bank meetings that will likely dictate global sentiment. The kiwi t...
Summerset shareholder Quadrant promises exit will be ‘orderly’
By Paul McBeth April 30 (BusinessDesk) - Summerset Group shareholder Quadrant Private Equity has promised an orderly exit from the retirement village operator if and when it decides to sell its 37.2 percent stake. Managing director Chris Hadley, who sits on the Summerset board...
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