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Record trading in Xero ahead of inclusion to ASX All Ords
March 21 (BusinessDesk) - Xero, the cloud-based accounting software developer, reported record share trading today as about 2 percent of the company changed hands with turnover of about $117.7 million, ahead of its addition to the ASX All Ordinaries Index. More than 2.7 millio...
MARKET CLOSE NZ stocks fall; investors make room for Genesis as MRP, Meridian, Contact decline
By Suze Metherell March 21 (BusinessDesk) – New Zealand shares fell after energy companies weighed on the market as investors made room in their portfolios ahead of the listing of Genesis Energy next month. Vector, Meridian Energy, MightyRiverPower and Contact Energy fell. The...
NZ dollar little changed this week as Fed spurs greenback demand
By Paul McBeth March 21 (BusinessDesk) - The New Zealand dollar is almost unchanged this week after the Federal Reserve’s growing optimism on the strength of the US economy spurred demand for the greenback. The kiwi traded at 85.32 US cents at 5pm in Wellington from 85.34 cen...
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