NZ shares rose yesterday, pushing the NZX 50 Index to the highest close since late May, as Ryman Healthcare resumed its gains to a new record and Xero continued to draw investors betting on its global expansion plans.
Xero, the Kiwi accounting software provider that's yet to turn a profit, is now worth more than $2 billion.
Trading on New Zealand's stock market has been restarted after a three hour halt caused by technical issues.
A sell-off by international investors is likely to be behind the weakness in Mighty River Power's share price, say analysts.
Xero chairman Sam Knowles and chief operating officer Alastair Grigg have cashed in some of their shares, which have more than tripled in price in the past 12 months.
Ebos Group's $1.1 billion acquisition of Australian firm Symbion this week again highlighted an ongoing issue with getting independent research on NZX-listed companies.
A director of a failed finance company who is accused of misleading investors says he cannot afford a lawyer and will probably have to represent himself at trial.
A subsidiary of Allied Farmers has been served with a liquidation notice from Inland Revenue for $4.2 million.
Optimizer HQ is the latest New Zealand technology company to signal its intention to list on the NZX.
Lance Wiggs' Punakaiki Fund plans to seek as much as $50 million in an initial public offering to invest in New Zealand companies.
Local market players were feeling very nervous about Mighty River Power's share price on Tuesday...
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How do I choose which companies to invest in? And what does it mean to have a diversified portfolio?
The Grey Power-led petition to force a referendum on the Government’s partial asset sales policy has failed because it did not have enough signatures.
Today we launch part two of our latest video series, a beginner's guide to investing in shares.
Today we launch part one of our latest video series - a beginner's guide to investing in the sharemarket.
Today we launch part one of our latest video series, a beginner's guide to investing in shares.
Check out the fourth and final video in our latest series - a beginner's guide to investing in shares.