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Hellaby Holdings

NZ sharemarket posts modest gains while other markets weak

NZ sharemarket posts modest gains while other markets weak
Wellington, July 7 NZPA - The New Zealand sharemarket posted modest gains today when most markets in Asia were weaker but volumes remained low.

Hellaby Holdings says core bank debt down 51 pct over year

Hellaby Holdings says core bank debt down 51 pct over year
Wellington, July 7 NZPA - Investment company Hellaby Holdings is reporting a 51 percent fall in core bank debt during the past year, and says it does not intend converting $50 million of capital notes which mature in June 2011 to shares.

Telstra news helps lift New Zealand sharemarket

Telstra news helps lift New Zealand sharemarket
Wellington, June 21 NZPA - The New Zealand sharemarket started the week strongly, with Telstra rising a hefty 9.21 percent after it struck a deal to participate in Australia's broadband network plans.

Solid start to week for NZ sharemarket

Solid start to week for NZ sharemarket
Wellington, June 21 NZPA - The New Zealand sharemarket started the week strongly, with key share Telecom adding 4c as it struggles to pull away from a record low earlier in the month.

NZ sharemarket has small early gain

NZ sharemarket has small early gain
Wellington, June 18 NZPA - A 2c gain by leading stock Telecom brought a little respectability to the New Zealand sharemarket's early rise. Around 10.15am the benchmark NZX-50 index was up 4.39 points to 3050.11, having fallen 20.9 points yesterday.

Strong start for NZ shares

Strong start for NZ shares
Wellington, May 26 NZPA - The New Zealand stock exchange started the day strongly, after a 1.9 percent fall yesterday took the market's losses since its most recent high in mid-April to more than 10 percent.

New Zealand sharemarket down in opening

New Zealand sharemarket down in opening
Wellington, May 14 NZPA - The New Zealand sharemarket opened slightly down this morning, failing to build on yesterday's gains. The benchmark NZX-50 index closed yesterday up 1.26 percent at 3195.803, helped by a recovery in Fletcher Building shares.

NZ sharemarket down on day of positive economic news

NZ sharemarket down on day of positive economic news
Wellington, May 6 NZPA - The New Zealand sharemarket's benchmark index fell to a near seven week low today as investors focused on the implications of the Greek debt crisis even though the economic news in New Zealand was positive.

NZ sharemarket heads lower at start of week

NZ sharemarket heads lower at start of week
Wellington, May 3 NZPA - The New Zealand sharemarket headed lower in early trading, after a tumble by stocks in the United States at the end of last week. Around 10.20am today, the benchmark NZX-50 index was down 10.73 points to 3275.39, after a 3.9-point gain on Friday.

Infratil edges up early on Shell announcement

Infratil edges up early on Shell announcement
Wellington, March 29 NZPA - Shares in infrastructure investor Infratil edged ahead in early trading after the announcement the company, in a 50/50 consortium with the New Zealand Superannuation fund, had finalised the purchase of Shell New Zealand's downstream assets.

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