7 stories mentioning NZE:NZXUpdated 18d ago
Every FINWIRES story that references NZE:NZX, newest first.
Here are the most actively traded stocks on New Zealand's Exchange on Friday.Stride Property (NZE:SPG): 1.3 million sharesVital Healthcare Property Trust (NZE:VHP): 955,155 sharesNZX (NZE:NZX): 943,788 sharesRyman Healthcare (NZE:RYM): 800,212 sharesTourism Holdings (NZE:THL): 699,829 shares
New Zealand shares ended flat with a negative bias on Wednesday after a lower Wall Street close impacted by a hotter-than-expected US inflation report.The S&P/NZX 50 Index was little changed to close at 13,063.06.On Tuesday, the Nasdaq Composite fell 0.7%, the S&P 500 dropped 0.2%, while the Dow Jones managed to add 0.11%.The US Consumer Price Index gained 3.8% year on year in April, data from the Bureau of Labor Statistics showed.New Zealand will maintain tight control over day-to-day spending in this year's budget while boosting capital investment to improve infrastructure, defense, and energy security, according to a Wednesday Reuters report, citing Prime Minister Christopher Luxon's speech on Wednesday.In domestic news, Expectations for New Zealand's one-year-ahead annual consumer price index (CPI) inflation increased by 82 basis points to 3.41% from 2.59% in the June quarter, according to the Reserve Bank of New Zealand's (RBNZ) survey.Also, high-frequency data pointed to slowing momentum across services industries and households in New Zealand as the conflict in the Middle East leaves global oil markets tight, and shipping costs and refining margins elevated, ANZ said in its Quarterly Economic Outlook report.Further, the outlook for New Zealand's economy has shifted now to another year of "positive but still sub-par growth" at 1.5% in the wake of the conflict in the Middle East, due to which oil and refined fuel prices have risen, with real petrol and diesel prices now at a 50-year high, Westpac said.Meanwhile, a total of 3,019 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) pulse auction held Tuesday, with supply ranging from 2,700 MT to 3,050 MT, according to data from the trading platform.In corporate news, NZX (NZE:NZX) appointed Deputy Chief Financial Officer Amy Trotman as acting CFO, effective immediately.Pacific Edge (ASX:PEB, NZE:PEB) secured NZ$25.4 million through an oversubscribed share placement priced at NZ$0.17 apiece, representing a 2.3% discount to the closing price on May 8.
NZX (NZE:NZX) appointed Deputy Chief Financial Officer Amy Trotman as acting CFO, effective immediately, according to a Wednesday filing with the New Zealand bourse.Trotman's appointment comes after Chief Financial and Corporate Officer Graham Law assumed the role of acting chief executive on May 1, the filing added.
NZX (NZE:NZX) reported first-quarter revenue of NZ$32.7 million, up 5% from NZ$31.1 million in the year-ago period, according to a Friday filing on the bourse.The number of total listed securities on the exchange as of March 31 fell 1.8% year over year to 323, per the filing.
NZX (NZE:NZX) has partnered with Trading Technologies to deliver native connectivity to NZX for the upcoming launch of S&P/NZX 20 Index Futures, according to a Thursday statement by Trading Technologies.Trading Technologies said that NZX will leverage its broad, global distribution channels and low-latency connectivity to provide market participants with easy access and the ability to trade across global markets."TT's global connectivity and execution technology will enable both local and offshore participants to access and trade New Zealand equity derivatives efficiently," said General Manager, Cash and Derivatives Markets at NZX, Nick Morris.
New Zealand shares ended flat with a positive bias on Wednesday, while Asian shares were mixed after the US decided to extend the Iran ceasefire.The S&P/NZX 50 Index was little changed to close at 12,945.60.US President Donald Trump said he would extend the ceasefire with Iran indefinitely to allow more time for peace negotiations, though it remained unclear on Wednesday whether Iran or Israel would agree, according to a Wednesday Reuters report.Meanwhile, the "golden visa" program of New Zealand has lured nearly NZ$4 billion in committed and pipeline investment in its first year, the government said on Wednesday, as Wellington looks to draw wealthy migrants and growth capital, Reuters reported on Wednesday.In domestic news, a total of 14,993 metric tonnes (MT) of products were sold during the Global Dairy Trade auction held on Tuesday, with supply ranging from 14,166 to 18,737 MT, according to data from the trading platform.In corporate news, Air New Zealand (ASX:AIZ, NZE:AIR) said that Chief Financial Officer Richard Thomson has resigned, effective Aug. 28.NZX (NZE:NZX) appointed Graham Law, chief financial and corporate officer, as acting chief executive, effective May 1.
NZX (NZE:NZX) appointed Graham Law, chief financial and corporate officer, as acting chief executive, effective May 1, according to a Wednesday filing with the New Zealand bourse.Law will succeed Mark Peterson, who will step down on April 30, while the board continues the process of appointing a permanent successor, the filing added.
