NZ Market Report 9.4.24

The run-off of share valuation continued on NZX today, slightly deeper on the downside at 56.81 points to put the NZX50 index at 11,916.78. Overnight the Dow Jones eased 11.24 at 38,892.80. NZ investors are following the cues coming off the US market to not become...

Positions reshuffle at Synlait

9.4.24  9.05am. Synlait Milk’s Chief Finance Officer Rob Stowell has been appointed to the newly created position of Chief Commercial Officer. He will retain responsibility for the Information Services, Risk, Legal, and Governance functions. In addition, he will...

New launch from F&P Healthcare

9.4.24 9 9.00am Fisher & Paykel Healthcare Corporation has launched a new product -  the F&P Nova Micro™ nasal pillows - mask in New Zealand for the treatment of obstructive sleep apnea (OSA). “Weighing less than 40 grams (1.4 ounces), the new compact mask...

Better sales start for Summerset

9.4.24 8.56am Summerset Group has had a stronger start to the New Year with reported 255 sales for the March quarter comprising 134 new sales and 121 resales. “Total sales for Q1 this year were 21% higher than the same time last year, with both new and resales...

Trade Window opens SPP

Trade Window Holdings has opened a share purchase plan to raise up to NZ$200,000. This SPP is further to the announcement on 26 March 2024 in respect of TradeWindow's placement of newly issued ordinary shares to existing and new institutional and other select...

NZ Market Report 5.4.24

The NZ sharemarket is squeezing lower in incremental steps, today shedding 213 points at 12,012.24. Meanwhile, overnight the Wall Street market hit the headlines with a wild day’s trading as investors remain spooked by strong jobs data and fears of the Federal Reserve...