Wednesday, 22 May 2013

Markets

  • MARKET CLOSE: NZ shares rise; Ryman resumes climb

    17:46 | 22/5/13
    Scoop
    May 22 (BusinessDesk) – New Zealand shares rose as Ryman Healthcare climbed to a new record, bouncing back from a decline that may have been triggered by a rival’s stock selldown, while Fletcher Building halted its slide analyst presentation sin ... more»

  • Indian rupee not as big a concern for FIIs now: Goldman

    17:42 | 22/5/13
    Moneycontrol.com
    Indian rupee not as big a concern for FIIs now: Goldman. Prashant Khemka of Goldman Sachs says, in an interview to CNBC-TV18, once catastrophic risks like the Greece are behind us and there is still potential in domestic demand-driven stocks. more»

  • HIV patients are at risk of being identified because of new prescribing system ...

    17:33 | 22/5/13
    WalesOnline
    A 28-day prescribing model was recommended by the All-Wales Medicines Strategy Group in February to cut down on millions wasted on unused medicines in the face of spiralling costs of universal prescriptions in Wales. But South Wales Central AM Eluned ... more»
Major Indices
  
 
 
 
Major Currencies
NZX Top 5 by Value
CodeNameLastVolumeChange
FBUFletcher Building8.4307,193,1690.1501.81%
TELTelecom Corp2.40012,102,3860.0150.62%
MRPMighty River Power Limited2.5407,825,9370.0200.79%
WBCWestpac Banking Corp37.40407,8140.360.95%
CNUChorus Limited Ordinary Shares2.6402,286,7450.0602.22%
  
Recent News

  • Traders’ Indecisive Ahead of the FED

    17:33 | 22/5/13
    Scoop
    The Australian market traded indecisively today ahead of some key offshore events, namely the testimony of Bernanke before Congress as well as the release of the Fed minutes. The ASX200 started well before reversing course with traders seemingly a ... more»

  • Colombiatex de las Américas drew a number of US textile manufacturers and ...

    17:24 | 22/5/13
    Textile World Magazine
    The 25th edition of Colombiatex de las Américas, held at Plaza Mayor in Medellín, Colombia, attracted 475 exhibitors and more than 32,000 visitors, including 1,699 international buyers. .... Carolina Cotton Works Inc., Gaffney, S.C.; Cotswold ... more»

  • NZ dollar slips as investors await Bernanke's take on QE

    17:24 | 22/5/13
    Yahoo! New Zealand News
    May 22 (BusinessDesk) - The New Zealand dollar edged lower in the local session as investors hold off from making any decisions ahead of Federal Reserve chairman Ben Bernanke's Congressional testimony, where he's expected to give his view on ... more»

  • Against GM food

    17:23 | 22/5/13
    Taranaki Daily News
    Jill Ridgewell will lead the March Against Monsanto, which starts at 3pm on May 25 from the Telecom car park on the corner of Eliot and Deon St East. more»

  • New Zealand Dollar Rangebound, Eyes On Bernanke

    17:19 | 22/5/13
    Wall Street Journal
    WELLINGTON--The New Zealand dollar was sticking to a tight range late Wednesday, ahead of Federal Reserve Chairman Ben Bernanke's testimony to the Joint Economic Committee of the U.S. more»

  • NZ dollar slips as investors await Bernanke’s take on QE

    17:19 | 22/5/13
    Scoop
    May 22 (BusinessDesk) - The New Zealand dollar edged lower in the local session as investors hold off from making any decisions ahead of Federal Reserve chairman Ben Bernanke’s Congressional testimony, where he’s expected to give his view on whether ... more»

  • PHOTO: SKY TV's million dollar pledge to Christchurch

    17:18 | 22/5/13
    Scoop
    A photo from today's presentation by SKY TV of a $1 million cheque to the Christchurch Earthquake Appeal Trust. SKY TV's chief executive John Fellet presented the donation to Prime Minister John Key. more»

  • China Galaxy soars 11 pct in debut after $1.1 bln Hong Kong IPO

    17:16 | 22/5/13
    Reuters
    The debut of China's seventh-biggest brokerage, and that of Sinopec Engineering (Group) Co Ltd on Thursday, will be bellwethers for a slew of Hong Kong offerings in the coming weeks. more»

  • Apollo Beats KKR to Carlyle After Rally: Riskless Return

    17:10 | 22/5/13
    Bloomberg
    Apollo, founded 23 years ago by Black and two deal makers at Drexel Burnham Lambert Inc., is exiting a series of profitable investments including chemical maker LyondellBasell Industries NV (LYB) and has generated $14 billion in proceeds over the past ... more»

  • What's news

    17:06 | 22/5/13
    China Daily
    The State Administration of Foreign Exchange has set up an operation in New York to make alternative investments in the United States, the Wall Street Journal reported. more»

  • Property funds recommend merger

    17:04 | 22/5/13
    Stuff.co.nz
    The boards of two large industrial property investment funds have urged their shareholders to vote for a merger that would see the new entity leap up the NZX index. Listed Property for Industry seeks to merge with ... It would remain on the stock ... more»

  • GlaxoSmithKline Shuts Australia Packaging Site

    17:01 | 22/5/13
    Fox Business
    GlaxoSmithKline PLC (GSK) said it would close an Australian tablet-packaging facility and lay off 120 workers, joining a string of manufacturers that have shut factories, slashed jobs and relocated production overseas in response to high labor costs ... more»

  • How Conservatives Can Fight Back

    16:59 | 22/5/13
    FrontPage Magazine
    You think the Republican establishment in South Carolina and Charleston nationally did anything to say to Mark Sanford, who, whatever you think of Mark, is a flawed person. more»

  • Swiss stocks - Factors to watch on May 22

    16:56 | 22/5/13
    Reuters
    Roche Holding AG teamed up with Sigma-Aldrich Corp to make an unsuccessful bid for Life Technologies Corp earlier this year, people familiar with the matter said. For related news, click on. COMPANY STATEMENTS. * HSBC Middle East has signed an ... more»

  • Pyongyang Sends Envoy to Beijing

    16:53 | 22/5/13
    Wall Street Journal
    Maintaining China's support is critical for North Korea, which has no other major allies and relies on Beijing for most of its aid and energy. China officially ... However, North Korea has also been pressured recently by a decision by one of China's ... more»
Exchange List
Global Indices
CodeLastChange
NZ504,610190.42%
COMP3,50260.16%
DJI15,388520.34%
SP5001,66930.17%
DAX7,789911.15%
FTSE6,804480.71%
NI22512,494220.18%
TWI76.690.220.28%
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Currencies
CodeLastChange
EURUSD1.2910.0010.06%
NZDUSD0.81380.00260.32%
AUDUSD0.97720.00490.50%
NZDAUD0.83330.00050.06%
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