7 stories mentioning ASX:CNU
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Communications shares gained the most on the New Zealand Exchange, rising almost 2% by midday Thursday.Chorus (ASX:CNU, NZE:CNU) rose nealy 2% in recent trade.On the other hand, non-energy minerals shares dropped nearly 2%.Santana Minerals (NZE:SMI, ASX:SMI) drove the decline, with shares dropping 4%.
New Zealand shares ended higher on Friday, while most Asian stocks rose after a report said that the US and Iran agreed on a 60-day truce, pending US President Donald Trump's sign-off.The S&P/NZX 50 Index rose 0.29% or 38.44 points, to close at 13,244.55.The US and Iran have reached a tentative agreement to extend their ceasefire by 60 days and continue talks on Tehran's nuclear program, according to a Thursday Bloomberg report, citing a person with knowledge of the matter.In domestic news, consumer confidence in New Zealand rose 6 points in May to 86.5, tracking a small uplift, although the index remained 21 points lower than its January peak, with Wellington remaining the most downcast region, ANZ Research said.Also, business confidence in New Zealand increased by 21 points in May, reaching +10, but still lower than pre-Middle East conflict levels, according to a report by ANZ.Further, the impact of the Middle East conflict will probably be supportive of New Zealand agricultural commodity prices in the short term, but prices could soften under a scenario of prolonged hostilities as product is diverted to markets that already have sufficient supply, Westpac said.Meanwhile, New Zealand housing loans increased in April, while personal, business, and agricultural lending declined from the previous month, according to the Reserve Bank of New Zealand.In corporate news, Spark New Zealand's (NZE:SPK, ASX:SPK) wholly owned subsidiary Spark Finance has completed a refinancing of its bank debt, establishing a new NZ$500 million committed facility to replace existing arrangements.Chorus (ASX:CNU, NZE:CNU) said its fiber-regulated asset base (RAB) rose to NZ$6 billion in the 2025 disclosure year, up from NZ$5.9 billion in 2024.
Chorus (ASX:CNU, NZE:CNU) said its fiber-regulated asset base (RAB) rose to NZ$6 billion in the 2025 disclosure year, up from NZ$5.9 billion in 2024, according to a Friday filing with the Australian and New Zealand bourses.The core RAB increased by NZ$221 million year over year to NZ$5.1 billion in 2025, while the financial loss asset declined by NZ$130 million to NZ$862 million, per the filing.The company determined that it earned NZ$100.7 million less than its maximum allowable revenue of NZ$963.9 million for the year, the filing said.A NZ$76.3 million wash-up balance will be carried forward, the filing added.The company's New Zealand shares were up nearly 2% in recent Friday trade.
New Zealand shares ended marginally higher on Monday amid investors' worries of a prolonged US-Iran conflict.The S&P/NZX 50 Index rose 0.27% or 35.35 points to close at 13,210.48.US President Donald Trump rejected Iran's response to a US peace proposal, sending oil prices sharply higher on Monday, as fears grew that the conflict would continue and keep shipping through the Strait of Hormuz at a standstill, according to a Monday Reuters report.Brent oil price rose to about $105 per barrel in recent Monday trade.In domestic news, supplier costs for food supermarkets in New Zealand rose 2% on average in April from a year earlier, marking a continued slowdown in the pace of increases from recent months, Infometrics said in a report.In corporate news, Pacific Edge (ASX:PEB, NZE:PEB) launched a capital raising of up to NZ$24 million comprising an NZ$18 million institutional placement and a NZ$6 million retail offer at NZ$0.17 per share.Chorus' (NZE:CNU, ASX:CNU) website showed internet outages impacting parts of New Zealand early on Monday, concentrated in and around the Auckland area.
Chorus' (NZE:CNU, ASX:CNU) website showed internet outages impacting parts of New Zealand early on Monday, concentrated in and around the Auckland area.Technical teams are working to resolve the loss of broadband services in Auckland but the company is currently unable to provide a timeframe for resolution, according to the website.Certain outages, including in Timaru and parts of the North Island, are expected to be resolved by Tuesday afternoon, the website showed.
New Zealand shares ended higher on Wednesday as most Asian markets saw gains amid hopes of continued US-Iran peace talks.The S&P/NZX 50 Index gained 0.46% or 59.32 points to close at 13,076.58.Peace talks to end the US-Iran war could resume over the next two days in Pakistan, said US President Donald Trump on Tuesday, according to a Tuesday Reuters report."The impressive price action in risk assets suggests markets are keen to look through the immediate impact of the Middle East conflict," said Tony Sycamore, an analyst at IG, as quoted by Reuters in a separate report.In domestic news, a total of 2,869 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) pulse auction held Tuesday, with supply ranging from 2,550 MT to 3,000 MT, according to data from the trading platform.In corporate news, Chorus (ASX:CNU) said fibre connections grew by 13,000 in the fiscal third quarter to 1.1 million, up from a gain of 7,000 in the fiscal second quarter.Ryman Healthcare (ASX:RYM, NZE:RYM) reported 331 occupation right agreement (ORA) sales in the fiscal fourth quarter, up 10% from 302 a year earlier.
Chorus (ASX:CNU) said fibre connections grew by 13,000 in the fiscal third quarter to 1.1 million, up from a gain of 7,000 in the fiscal second quarter, according to a Wednesday Australia and New Zealand bourse filing.The company said total fixed line connections rose by 3,000 from fiscal Q2 to 1.2 million, as fibre connections exceeded copper disconnections, reversing a decline of 8,000 in the fiscal first quarter.Average monthly fibre data usage came in at 696 gigabytes in March, compared with 699 gigabytes in December 2025, the company said.Chorus said its fibre footprint now covers 1.5 million addresses, with fibre uptake across those premises at 73.1%, up 0.7 percentage points in the fiscal third quarter.The company's Kiwi shares rose 2% in recent Wednesday trade.