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Sharemarket Ends Down, Auck Airport Progresses Capital Raising

Sharemarket Ends Down, Auck Airport Progresses Capital Raising
Wellington, Jan 29 NZPA - The New Zealand sharemarket fell for a third consecutive day today as investors continued to be cautious ahead of the reporting season.

NZ Sharemarket Starts Day Down

NZ Sharemarket Starts Day Down
Wellington, Jan 29 NZPA - The New Zealand sharemarket had a gloomy start to Friday, taking the gloss off any rises it made during the middle of the week.

Property Listings Hurt By Tax Speculation

Property Listings Hurt By Tax Speculation
Wellington, Jan 21 NZPA - The prices of listed property trust fell today after the Tax Working Group yesterday recommended the Government consider a land tax and removal of depreciation allowances on buildings.

NZ Sharemarket Claws Way Back Up After Early Dip

NZ Sharemarket Claws Way Back Up After Early Dip
Wellington, Jan 21 NZPA - The New Zealand sharemarket started the day with a dip but within a few minutes had clawed its way back to even, as Fletcher Building turned positive from an early deficit.

Kordia Highlights Potential Transtasman Cable As It Posts A Loss

Kordia Highlights Potential Transtasman Cable As It Posts A Loss
Wellington, Sept 30 NZPA - State-owned broadcast and telecommunications business Kordia Group Ltd today posted a net loss -- after tax and restructuring costs -- of $1.1 million on revenues of $253.6m.

NZ Share Market Turns Around To Post More Gains

NZ Share Market Turns Around To Post More Gains
Wellington, May 8 NZPA - It was looking like a day dominated by profit-takers but the New Zealand share market turned from negative to positive in afternoon trading. The benchmark NZSX-50 index closed up 18.265 points, or 0.64 percent, at 2873.139, having fallen as low as 2822.584.

Early Tumble By NZ Sharemarket

Early Tumble By NZ Sharemarket
Wellington, May 8 NZPA - Telecom shares were down 7c in early trading to 275 after the company reported its third quarter results. The figures showed a 14 percent rise in the company's third quarter net profit to $159m, while revenue lifted 1 percent to $1.4 billion.

NZ Shares Decline Across The Board, Wipe Out Gains

NZ Shares Decline Across The Board, Wipe Out Gains
Wellington, April 7 NZPA - A modest gain by Telecom was unable to stop the sharemarket from wiping out yesterday's gains, as stocks declined across the board following hefty losses in other markets.

Negative Sentiment Swings Back Into NZ Sharemarket

Negative Sentiment Swings Back Into NZ Sharemarket
Wellington, April 7 NZPA - The New Zealand sharemarket opened lower as negative sentiment swung back into play, with a new economic survey and nervous start to Wall Street's trading week.

Internet "Black Out" Protest Over Copyright Law Gathers Pace

Internet "Black Out" Protest Over Copyright Law Gathers Pace
Wellington Feb 17 NZPA - There is growing unrest about new copyright laws applying to the internet from the end of February.