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Sharemarket News


The sharemarket news page contains the latest financial news on NZX listed companies together with global business news that impacts investors. You can also view the latest NZX announcements on the markets page. To receive finance headlines directly to your inbox, you can sign up to our free newsletter or RSS feed here.

Pushpay shares rise as cost-cutting upgrades earnings guidance
20 Sep, 10:53am
Pushpay Holdings shares rise 2.7 percent after it lifted earnings guidance for 2020 by stripping out costs. ... More »

NZ dollar weaker against British pound on EC president's Brexit optimism
20 Sep, 8:48am
The New Zealand dollar fell against the British pound after European Commission president Jean-Claude Juncker signalled a new Brexit deal may be possible before Oct. 31... More »

Todd plans Kapuni drilling campaign
20 Sep, 8:47am
Todd Energy is preparing for a new round of drilling to extend reserves and production at the onshore Kapuni gas field... More »

MARKET CLOSE: NZ shares gain; appetite for KFC helps Restaurant Brands hit record
20 Sep, 8:46am
New Zealand shares rose, led by a recovery in fuel retailer Z Energy and as Restaurant Brands New Zealand hit a record... More »

NZ dollar mixed, buffeted by Fed talk and downunder data
19 Sep, 5:27pm
The New Zealand dollar was mixed after a roller-coaster day of US central bank action and domestic and Australian data... More »

Super Fund can expect lower returns over next decade - review
19 Sep, 5:04pm
The New Zealand Superannuation Fund has delivered excellent returns over the past five years, but should expect those to decline in the next decade, says an independent review... More »

ANALYSIS: Should penalties for continuous disclosure breaches be relaxed?
19 Sep, 1:13pm
Is the liability companies and directors face for breaches of NZX's continuous disclosure rules preventing people from becoming directors?... More »

Fletcher seeks urgent talks on Ihumatao stalemate
19 Sep, 11:23am
Fletcher Building is "disappointed" no resolution emerged from talks brokered by the Kingitanga on the future of the company's delayed housing development at Ihumatao... More »

NZ economy grows 0.5% in June quarter, beating expectations
19 Sep, 10:57am
New Zealand’s economy grew more than expected in the second quarter, with stronger services output offsetting a slide in manufacturing and construction... More »

Restaurant Brands lifts 2Q sales; appetite for KFC offsets ditched Starbucks
19 Sep, 9:52am
Restaurant Brands New Zealand lifted second-quarter sales 3.5 percent as growing demand for the fast-food operator's local KFC chain more than offset the loss of its lacklustre Starbucks Coffee stores... More »

Auckland jet fuel arrangements a potential barrier to new entrants
19 Sep, 9:11am
The three major oil companies’ control of fuelling at Auckland International Airport is a potential barrier to competition and should be reviewed as part of the airport’s redevelopment, a government inquiry says... More »

NZ dollar weaker after Fed split on outlook for further US cuts
19 Sep, 9:10am
The New Zealand dollar weakened after the US Federal Reserve cut rates but were split over the outlook for further cuts... More »

Leading judge says court administration model 'outdated'
19 Sep, 8:53am
A Court of Appeal judge has criticised how New Zealand’s courts are run, labelling the system “outdated” and proposing reform including who should have control of budgets... More »

MARKET CLOSE: NZ shares fall; Goodman placement sees property stocks sold
19 Sep, 8:52am
New Zealand shares fell, with heavy trading in property stocks as investors cleared their books to make way for a $150 million placement in Goodman Property Trust... More »

NZ dollar eases as market eyes pending GDP data
18 Sep, 5:24pm
The New Zealand dollar was a little weaker as the market took bets that June-quarter GDP data out tomorrow will be on the weaker side of expectations... More »

Evolve shareholders demand answers
18 Sep, 5:00pm
New directors at Evolve Education were forced to their feet as shareholders demanded information from the childcare firm’s new management... More »

Strong tourism, low rates keep lid on NZ current account deficit
18 Sep, 2:31pm
New Zealand's persistently strong tourism market and low global interest rates have helped keep a lid on the current account deficit and may continue to do so during the next year and a half... More »

Refining NZ margins jump to 18-month high
18 Sep, 1:36pm
Processing margins at the Marsden Point oil refinery jumped to an 18-month high after the closure of a key US refinery and unplanned outages at plants in Asia... More »

Goodman opts for underwritten $150m placement to raise capital
18 Sep, 1:28pm
Goodman Property Trust's manager says it will raise up to $175 million from a $150 million placement to institutions and up to $25 million in a retail offer to existing unitholders... More »

Kathmandu shares rise 9.3% on strong FY result, solid US performance
18 Sep, 1:06pm
Kathmandu Holdings shares rose 9.3 percent after the company reported annual profit at the top end of its guidance, including a standout performance in the US... More »

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