Tuesday, 09 February 2016

New Zealand Exchange Limited

Recent News
  • Australia shares edge lower on Wall Street weakness

    14:30 | 8/2/16
    New Zealand's benchmark S&P/NZX 50 index was closed on Monday for a public holiday. Although edging lower, traders said the losses were less than expected, considering the weak end to trading in the United ... Meanwhile, shares in Asciano Ltd rose more ... more»
  • Trustpower's King Country bid creeps forward

    23:30 | 7/2/16
    NZResources.com (subscription)
    As the time clock moves forward Trustpower Ltd's (NZX: TPW) bid for boutique power group King Country Energy Ltd has crept forward. Late last week a note to the New Zealand Stock Exchange showed that Trustpower had achieved a 61.9% stake in the ... more»
  • Augusta's latest property syndicate is a whopper but it's not for everyone

    00:03 | 6/2/16
    Augusta Funds Management (part of NZX-listed Augusta Capital) has launched what is believed to be this country's biggest ever property syndicate, the Augusta Value-Add Fund No.1 Limited. The syndicate will acquire three office buildings and two ... more»
  • Australian shares spring back

    23:07 | 5/2/16
    Business Recorder (registration) (blog)
    ... boosted producers such as Santos Ltd. The bounce spread to the major banks which were all up between 1 and 2 percent after some heavy losses recently. more»
  • Asian stocks slip amid sub-$32 oil as Japan yields approach zero

    13:36 | 5/2/16
    The Globe and Mail
    “Expectations are growing by the day that the Fed will not hike again this year given the weaker growth picture and tightening financial conditions,” Jason Wong, a currency strategist in Wellington at Bank of New Zealand Ltd., said in an e-mail to ... more»
  • Dollar Weaker as Fed Bets Fade; Oil Weighs on Australian Shares

    12:15 | 5/2/16
    The dollar maintained losses, trading near its weakest level since October against the euro as tepid U.S. economic data damped expectations for a continuation of the rate-hike cycle this year. more»
  • Which is the best share market sector to invest in following the market crash?

    09:15 | 5/2/16
    Motley Fool Australia
    One standout performer for the sector is Domino's Pizza Enterprises Ltd. (ASX: DMP). The company has a P/E ratio (TTM) of 82*, compared to the sector average of 20*. more»
  • Oil discovery in Indonesia for Cue

    00:15 | 5/2/16
    NZResources.com (subscription)
    News released yesterday would have produced smiles in the boardrooms of Cue Energy Resources Ltd (ASX: CUE) and its major shareholder New Zealand Oil & Gas Ltd (NZX & ASXL NGO). Cue reported that the Naga Selatan-2 (NS-2) well in Indonesia ... more»
  • Australia shares enjoy relief rally as oil jumps, NZ stocks flat

    15:03 | 4/2/16
    Also under pressure was medical supplies maker Ansell Ltd which slid 18 percent to its lowest in almost 3 years after issuing a profit warning. more»
  • Asian stocks outside Japan buoyed by oil rally amid weak dollar

    14:30 | 4/2/16
    Malay Mail Online
    “If we want to see a circuit breaker for these markets it has to come from a weaker dollar and that seemingly means it must come from a move higher in oil,” Chris Weston, chief markets strategist in Melbourne at IG Ltd., said in an e-mail to clients ... more»
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