Trading update
MKTUPDTE
Fri, Aug 19 2022 09:12 am
19 August 2022
Company Announcement
NZX:NZA
NZ Automotive Investments Limited – Trading Update
In the interests of keeping the market informed of trading during the first four months of the 2023 financial year NZAI provides this update in the context of recent announcements about changes to the Board and Management, and in relation to the position of the Company’s financier and auditor.
Please see attachment for full details of the trading update.
Announcement PDF
Markets News
Markets
Market Close
NZ sharemarket up 0.4% after a2 Milk surge
The S&P/NZX 50 Index closed at 12,266.25, gaining 57.2 points or 0.47%.
Markets
Goldman Sachs downgrades Fletcher Building to sell
Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
Primary Sector
Rayonier exits NZ with $1.2b forestry sale
An investment firm bought the stake, which included 116,145 hectares of forestry.
