AMP stock halted in NZ for share placement

Wednesday 5th November 2008

Australian insurer AMP Ltd. was halted from trading on the NZX pending a bookbuild for a placement of shares.

The trading halt will remain in place until midday, according to the statement to the NZX.

The New Zealand shares of AMP surged more than 4% yesterday, tracing Australia financials higher after that country's central bank cut its benchmark interest rate a greater than expected 75 basis points to 5.25%.

By Jonathan Underhill

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TWL - Amendments to Notice of Annual Shareholders' Meeting
Devon Funds Morning Note - 01 September 2026
September 1st Morning Report
Devon Funds Morning Note - 31 August 2026
PCT - Precinct FY26 Annual Results
PYS - Mark Samlal retires as PaySauce Director
HGH - Heartland confirms receipt of Toi Foundation approval
SCT - Scott Targets NZ$165m in Protein Revenue by FY30
KPG - Kiwi Property FY27 first quarter dividend payment
August 25th Morning Report