NZX Market Report 6.10.25

The NZ sharemarket began the trading week in a mood to take some profits – the NZX50 ended down 24.82 at 13,489.24.  The market has recently been thought by some commentators to be on the cheap side of valuations which is attracting a number of takeovers bids. On the...

Trade uplift for Port of Tauranga

Port of Tauranga’s positive June year financial results off the back of resilient export volumes was slightly overshadowed by an unexpected development related to the fast-track application on port expansion. New Zealand’s busiest port saw total trade increase 7% on...

Final orders for NZ Windfarms

16.7.25 NZ Windfarms has received final orders from the High Court approving the scheme of arrangement under which Meridian Energy will acquire all of the fully paid ordinary shares in NZ Windfarms that it does not already own. Subject to meeting final conditions and...