by Warren Head | Jan 27, 2021 | 2021, Daily Market Report Australia
27.1.21 Aussie shares lost ground on Wednesday, with the ASX 200 slipping by 0.65 per cent or 44.1pts to 6780.6, with mining and energy stocks weighing most heavily. “The local market played catch-up with the rest of the world, with bourses across Asia slumping...
by Warren Head | Jan 27, 2021 | 2021, Latest News
27.1.21 Livestock Improvement Corporation has posted improved half-year financial results for the six months to 30 November 2020. The results show continued strength in the cooperative’s financial performance with increased revenue and underlying earnings. Revenue...
by Warren Head | Jan 26, 2021 | 2021, Latest News
27.1.21 Meridian Energy reports that in the month to 18 January 2021, national hydro storage decreased from 95% to 79% of historical average. December 2020 was dry and mild for most of New Zealand with near average temperatures for most of the country. Much of the...
by Warren Head | Jan 26, 2021 | 2021, Latest News
27.1.21 Sanford chairman Sir Rob McLeod has confirmed that newly appointed CEO, Peter Reidie, will begin his tenure on April 6. Mr Reidie is currently CEO at Farmlands. Mr Reidie has extensive primary sector experience. Prior to his five years as Farmland’s CEO he was...
by Warren Head | Jan 26, 2021 | 2021, NZ Market Daily Report
26.1.21 Close on the heels of Wellington Anniversary Day, came Australia Day, and the tap of liquidity was turned down on NZX today. The market came back by 75.64 points to 1323.46. Biggest falls were made by Mainfreight off $1 at $68.80 and F&P Healthcare -62c...
by Warren Head | Jan 25, 2021 | 2021, Latest News
The La Nina event is forecast to result in lower South Island inflows in Q3 and Genesis Energy may be called upon to provide additional thermal back-up to the market, the company told NZX. Above average inflows at the Tongariro scheme have enabled Genesis to maintain...
