FinData - Latest News

NZ sharemarket improves as Telecom sinks lower

Fri, 19 Mar 2010 18:18:00 +1300

Telecom shares sank to new a low on the New Zealand sharemarket today, while rises in Fletcher Building, Contact Energy and other leaders helped carry the market higher.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:AIA, NZX:AIR, NZX:BGR, NZX:CEN, NZX:FBU, NZX:IFT, NZX:NZO, NZX:NZR, NZX:POT, NZX:SKC, NZX:SKT, NZX:TEL, NZX:TPW, NZX:WHS, NZX:KMD

NZ dollar world's best performer over the week

Fri, 19 Mar 2010 17:22:00 +1300

The New Zealand dollar consolidated at higher levels today and over the week was the best performing in the world, according to BNZ.
Related Symbols: FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDAUD, FOREX:NZDJPY, FOREX:NZDUSD

Tax changes good news for most households, NZIER

Fri, 19 Mar 2010 15:42:00 +1300

A household with an income of $65,000 a year is likely to be better off by around $12 a week under tax changes in the upcoming budget, according to the New Zealand Institute of Economic Research (NZIER).

Capital + Merchant directors face charges

Fri, 19 Mar 2010 12:41:52 +1300

The Securities Commission has laid criminal charges and issued civil proceedings against Capital + Merchant Finance directors Neal Nicholls, Owen Tallentire, Colin Ryan and Robert Sutherland.

Kathmandu excels on muted NZ sharemarket

Fri, 19 Mar 2010 10:42:00 +1300

Kathmandu shares rose 7c to a new high in early trading on the New Zealand sharemarket, on top of a 19c gain yesterday after it reported its first interim result since being floated last November.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:BGR, NZX:CVT, NZX:IFT, NZX:NZR, NZX:SKT, NZX:TEL, NZX:TPW, NZX:WHS, NZX:KMD

NZ dollar at two-year high against euro

Fri, 19 Mar 2010 08:54:00 +1300

The New Zealand dollar climbed to a two-year high against the euro, as worries persisted about Greece's debt problems.
Related Symbols: FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDAUD, FOREX:NZDJPY, FOREX:NZDUSD

NZ sharemarket rises as Telecom languishes

Thu, 18 Mar 2010 18:08:00 +1300

The New Zealand sharemarket rose today even though the share price of market heavyweight Telecom languished near an all-time low set yesterday.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:AIA, NZX:AIR, NZX:CEN, NZX:FBU, NZX:FRE, NZX:HED, NZX:NZO, NZX:SPY, NZX:TEL, NZX:WHS, NZX:KMD

NZ dollar settles after mixed trading

Thu, 18 Mar 2010 17:18:00 +1300

The New Zealand dollar spent much of today trading in a narrow range after falling away from an eight-week high.
Related Symbols: FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDAUD, FOREX:NZDJPY, FOREX:NZDUSD, INDEX:DJI

SFO investigate Capital + Merchant Finance

Thu, 18 Mar 2010 14:38:00 +1300

The Serious Fraud Office has begun an investigation into Capital + Merchant Finance following a referral from Grant Thornton, the receivers of companies within the Capital + Merchant Group.

Early gains for NZ sharemarket

Thu, 18 Mar 2010 10:58:00 +1300

The New Zealand sharemarket lifted early as leading stock Telecom clawed back a cent after falling to an all-time closing low yesterday of 214.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:AIA, NZX:FBU, NZX:FRE, NZX:TEL, NZX:WHS, NZX:KMD

NZ dollar slips after overnight gains

Thu, 18 Mar 2010 09:06:00 +1300

The New Zealand dollar rose to an eight-week high against the greenback, as the United States currency fell against higher-yielding currencies after the Federal Reserve's commitment to low interest rates yesterday prompted investors to seek higher returns elsewhere.
Related Symbols: FOREX:AUDUSD, FOREX:EURUSD, FOREX:GBPUSD, FOREX:NZDJPY, FOREX:NZDUSD

NZ sharemarket disappoints as Telecom falls

Wed, 17 Mar 2010 18:20:00 +1300

Telecom shares fell to a new all-time low today, making it difficult for the New Zealand sharemarket to keep up with other markets.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:CAV, NZX:CEN, NZX:EBO, NZX:FBU, NZX:IFT, NZX:NPX, NZX:NZR, NZX:NZX, NZX:TEL, NZX:VCT

NZ dollar rises, particularly against aussie

Wed, 17 Mar 2010 17:20:00 +1300

The New Zealand dollar pushed on higher today, particularly against the Australian dollar.
Related Symbols: ASX:WBC, FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDAUD, FOREX:NZDJPY, FOREX:NZDUSD

NZX works with EnergyHedge on hedge market

Wed, 17 Mar 2010 16:31:00 +1300

Sharemarket operator NZX Ltd said it is working through key milestones to establish an electricity hedge market that meets the requirements of a ministerial review of electricity market performance.
Related Symbols: NZX:CEN, NZX:NZX, NZX:TPW

Consumer confidence slips in March quarter

Wed, 17 Mar 2010 11:30:00 +1300

Consumer confidence edged lower in the March quarter but optimists continued to outnumber pessimists, a new survey shows.
Related Symbols: ASX:WBC

NZ sharemarket gains in early trading

Wed, 17 Mar 2010 11:08:00 +1300

The New Zealand sharemarket gained in early trading following a rally by stocks in the United States, after the US Federal Reserve kept monetary policy unchanged, with a nod to an improving economic recovery.
Related Symbols: FOREX:EURUSD, FOREX:NZDJPY, FOREX:NZDUSD, INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:CAV, NZX:FBU, NZX:HLG, NZX:MVN, NZX:RBD, NZX:SKC, NZX:TEL

NZ dollar remains in demand

Wed, 17 Mar 2010 08:56:00 +1300

An in-demand New Zealand dollar continued to strengthen overnight after the boost it received yesterday when softer-than-expected words from Australia's central bank put the timing of the next rate rise across the Tasman in doubt.
Related Symbols: ASX:ANZ, FOREX:AUDUSD, FOREX:NZDAUD, FOREX:NZDJPY, FOREX:NZDUSD

New low for Telecom depresses NZ sharemarket

Tue, 16 Mar 2010 18:02:00 +1300

A new low for Telecom, after the company outlined the cost of the latest government reforms, helped push the New Zealand sharemarket into the red in an otherwise quiet session.
Related Symbols: ASX:XJO, INDEX:NI225, NZX:AIA, NZX:CEN, NZX:FBU, NZX:FPA, NZX:FPH, NZX:ING, NZX:MFT, NZX:NZR, NZX:PGW, NZX:PPL, NZX:SKC, NZX:SKT, NZX:TEL, NZX:TPW, NZX:WHS

NZ dollar wafts higher on RBA updraft

Tue, 16 Mar 2010 17:40:00 +1300

The New Zealand dollar received a boost today after softer-than-expected words from Australia's central bank put the timing of the next rate rise across the Tasman in doubt.
Related Symbols: ASX:WBC, FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDJPY, FOREX:NZDUSD

NZ Refining shares rise but market falls on opening

Tue, 16 Mar 2010 10:42:00 +1300

NZ Refining Co shares rose 5c to 345 in early trading after reporting "significant" improvement in refinery margins in the first two months of 2010, after starting to show some recovery in December.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:FBU, NZX:MFT, NZX:NZR, NZX:SKC, NZX:WHS

NZ dollar makes modest gains on euro

Tue, 16 Mar 2010 09:04:00 +1300

The New Zealand dollar made modest gains against the euro and fell against the yen overnight, with the European currency weighed down by a lack of concrete progress on a financial aid package for debt-strapped Greece.
Related Symbols: ASX:ANZ, FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDJPY, FOREX:NZDUSD

Sharemarket edges up a little in flat start

Mon, 15 Mar 2010 18:58:00 +1300

The New Zealand sharemarket edged ahead 0.2 percent today, with mixed movements among the big players.
Related Symbols: ASX:ANZ, ASX:WBC, INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:AIA, NZX:CEN, NZX:FBU, NZX:FRE, NZX:GPG, NZX:IFT, NZX:MFT, NZX:NPX, NZX:NZX, NZX:POT, NZX:RYM, NZX:STU, NZX:TEL

NZ dollar drifts off after early lift

Mon, 15 Mar 2010 17:58:00 +1300

The New Zealand dollar drifted lower during the day after a morning spike on weekend media reports suggesting Eurozone members had worked out a bailout for Greece.
Related Symbols: ASX:ANZ, ASX:WBC, FOREX:AUDUSD, FOREX:NZDAUD, FOREX:NZDJPY, FOREX:NZDUSD

Engineers worried at supply security with wind power

Mon, 15 Mar 2010 15:30:00 +1300

Engineers are warning that the need to provide back up for intermittent wind-generated electricity is emerging as a significant concern for maintaining supply when hydro lakes are low in dry years.

Flat start for NZ sharemarket

Mon, 15 Mar 2010 10:36:00 +1300

The New Zealand sharemarket opened the week flat, with major stocks Telecom and Fletcher Building unchanged in early trading.
Related Symbols: ASX:ANZ, ASX:WBC, INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:FBU, NZX:FRE, NZX:GPG, NZX:MFT, NZX:NPX, NZX:POT, NZX:PRC, NZX:RYM, NZX:SKT, NZX:STU, NZX:TEL

NZ dollar starts week with a lift

Mon, 15 Mar 2010 09:16:00 +1300

The New Zealand dollar spiked up against major currencies when the market opened today, supported by weekend media reports suggesting Eurozone members had worked out a bailout deal for Greece.
Related Symbols: ASX:ANZ, FOREX:NZDJPY, FOREX:NZDUSD

NZ sharemarket ends little changed again

Fri, 12 Mar 2010 18:22:00 +1300

The New Zealand sharemarket continued to reflect a patchy economy, ending today mixed on light volume.
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:AIA, NZX:BGR, NZX:CEN, NZX:CVT, NZX:FBU, NZX:MHI, NZX:NPX, NZX:PEB, NZX:PGC, NZX:PPL, NZX:RAK, NZX:RBC, NZX:SAM, NZX:SAN, NZX:SKC, NZX:TEL, NZX:TPW, NZX:WDT, NZX:WFD, NZX:WHS

NZ dollar drifts and ends around US70c level

Fri, 12 Mar 2010 17:48:00 +1300

The New Zealand dollar drifted lower for most of a quiet session but recovered to finish near where it started.
Related Symbols: FOREX:AUDUSD, FOREX:EURUSD, FOREX:NZDJPY, FOREX:NZDUSD

Residential property sales nearer to normal: REINZ

Fri, 12 Mar 2010 15:22:00 +1300

Residential property sales last month were closer to 2009 levels after in January reaching their lowest level in nearly two decades, Real Estate Institute of New Zealand (REINZ) figures show.
Related Symbols: ASX:ANZ

Warehouse shares up after half year result

Fri, 12 Mar 2010 10:36:00 +1300

Shares in The Warehouse were up 2 percent when the market opened today after the retailer announced a 17 percent rise in half year net profit to $57.4 million, although the company described the recovery in overall retail spending as "patchy".
Related Symbols: INDEX:COMP, INDEX:DJI, INDEX:SP500, NZX:CEN, NZX:FBU, NZX:SAN, NZX:SCT, NZX:TEL, NZX:WHS