
Stock Takes: NZX may fall out of own top 50
NZX may face the uncomfortable prospect of dropping out of its own benchmark index if its terrible share price performance doesn't improve.
NZX may face the uncomfortable prospect of dropping out of its own benchmark index if its terrible share price performance doesn't improve.
The Shareholders Association says the PGC situation is 'farcical' but the NZX says there's no reason for de-listing PGC.
Financial risk insurer CBL Corporation has made its stock market debut this morning, raising $125 million. Its shares opened at $1.74 each.
NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years.
New Zealand stocks booked their worst quarter since June 2012, retreating for a second quarter.
Pyne Gould Corp risks having its shares suspended from trading for the second time in two years.
Twelve members of the Smartshares KiwiSaver scheme have been told they could face a hefty tax bill if they move schemes.
It's premature to call an end to the bull market, but do investors need to pare back their return expectations?
With equity market volatility on the rise, CBL Corporation boss Peter Harris admits it isn't the perfect time to launch an IPO.
The NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.
NZ shares are being pummelled this morning after Wall St fell on renewed China fears.
In the first minutes of trade, the S&P/NZX50 was up 28 points, led by post-result gains from Air NZ and Metlifecare.
The New Zealand sharemarket staged a comeback yesterday after being 2.5 per cent down at one point but China's sharemarket rout continues.
New Zealand experts surveying the fallout from China's "Black Monday" stock market tumble will look to see if it reflects bigger problems in that country's economy, which is a big buyer of our exports and a source of tourists.
The New Zealand dollar bounced from a six-year low after two days of turmoil spurred by the prospect of deteriorating Chinese economy.
The New Zealand dollar slumped to its lowest level in six years after billions of dollars were wiped from financial markets in the US, Europe and Asia.
New Zealand share market slumps 2 per cent and almost $60 billion has been wiped from Australia's share market as concerns about China's economy shake investors.
NZX boss Tim Bennett remains bullish about the outlook for new sharemarket floats, despite the a lack of listings this year.
However, fund managers expect muted reaction to yesterday's rout on Chinese stock markets.
Personal finance columnist David Chaplin on exchange-traded funds and the NZX taking a big punt.
The case is playing out in the Court of Appeal with the Crown arguing for the release of cloned devices and passwords.
"It's pretty negative, there's a lot of selling in the futures and there's not much buying - this market looks completely stuffed."
The company filed a new constitution which added specific provisions for listing on the NZX.
Monday was an important day for the NZX because it passed all responsibilities for the maintenance, calculation and dissemination of its indices to S&P Dow Jones Indices.
The NZX will this week launch the NXT board, a new market for small, growth-focused firms.