Sharemarket News

BLIS delivers substained profitable growth
29 May, 9:17am
Blis Technologies Limited (NZX:BLT) (Blis, Company) has today reported its results for the 12 months to 31 March 2020. In line with the market guidance provided on 9 April... More »

Infratil - Full year results announcement for the year ended 31 March 2020
29 May, 9:12am
Increasing exposure to data infrastructure and renewable energy drives net growth in a year of portfolio changes... More »

COMVITA LIMITED Announces NZ$50 Million Equity Raising to improve balance sheet flexibility and build resilience
28 May, 11:48am
Comvita Limited (Comvita) has today announced its intention to raise approximately NZ$50 million via a NZ$20 million placement (Placement) to institutional investors... More »

GMT’s delivers statutory profit of $284.4 million before tax
28 May, 9:09am
The continued execution of an investment strategy focused on the supply-constrained Auckland industrial market has contributed to another strong operating result from GMT... More »

U.S. Can Destroy Huawei, Part Two
27 May, 12:22pm
The logic of confrontation, not the logic of technology, is now in charge in the U.S. showdown with China over Huawei. And it’s getting serious... More »

Green Recovery Could Create 850,000 British Jobs, Report Finds
27 May, 12:08pm
Britain could create 850,000 new green energy jobs this decade if it uses recovery stimulus to fast-track decarbonization, a report has found... More »

RBNZ Warns Banks’ Ability to Absorb Shocks ‘Is Not Unlimited’
27 May, 11:25am
New Zealand’s central bank warned that the coronavirus pandemic presents a significant challenge to the country’s financial institutions, which could be stressed by failing businesses and loan defaults... More »

Trustpower makes solid progress in challenging year
27 May, 11:20am
The COVID-19 pandemic and the economic consequences of it dominated the last part of the 2020 financial year... More »

Air New Zealand liquidity and 2020 earnings update
26 May, 12:13pm
Air New Zealand is today providing an update on its actions to reduce cash burn, as well as earnings expectations for the 2020 financial year following the precipitous decline in demand for air travel that has resulted from the outbreak of Covid-19... More »

THL begins New Zealand Restructuring process
26 May, 11:47am
THL advises that it has today commenced a consultation process across parts of its New Zealand business, with the intention of matching crew numbers to current activity levels and expectations for the coming months... More »

The customer is always right
25 May, 2:58pm
The stock market hit the lows of the day after China responded to overnight accusations from President Donald Trump... More »

The modern era of globalisation is in danger
25 May, 2:11pm
International trade and co-operation makes economies more resilient ... More »

SeaDragon delisting announcement
25 May, 10:53am
The Company is now in the process of delisting from the NZX Main Board and listing its ordinary shares on the Unlisted Securities Exchange (or USX)... More »

Kiwi Property reports 2020 financial results
25 May, 10:01am
Kiwi Property today announced its financial result for the year ended 31 March 2020, reporting a solid operating performance. Net rental income increased ... More »

Plexure powers ahead with record revenue growth and profit
21 May, 4:24pm
Mobile engagement software company Plexure Group (NZX: PLX) recorded its best trading result to date for the year ended 31 March 2020, continuing the forward momentum the Company has achieved over the last three years... More »

Metlifecare substantial shareholders support court action to enforce sia
21 May, 10:53am
Some of the largest shareholders in Metlifecare Limited (NZX: MET, ASX: MEQ), representing one third of the shares on issue, have already confirmed their strong support for the actions taken by the Board to compel Asia Pacific Village Group Limited... More »

Fonterra provides performance and milk price updates
21 May, 9:35am
Fonterra Co-operative Group Limited today announced its third-quarter business update, narrowed the range for its 2019/2020 forecast Farmgate Milk Price, and announced an opening forecast Farmgate Milk Price range for the 2020/2021 season... More »

Millions of Newly Jobless in China Pose a Looming Threat to Xi
20 May, 5:22pm
The Pearl River Delta industrial belt has served as one of China’s most important growth engines since the Communist Party opened the economy four decades ago, propelling its rise to become one of the world’s leading powers... More »

Strong seasons set up venison industry to weather Covid-19 storm - industry analyst
20 May, 3:53pm
Several seasons of strong export returns have left New Zealand’s venison farmers well positioned to overcome the severe trade disruptions resulting from Covid-19, according to Rabobank animal proteins analyst Blake Holgate... More »

Soaring Silver Attracts Investors
20 May, 2:12pm
Demand for the precious metal jumps on expectations for persistent market volatility ... More »