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10 stories mentioning NZE:SCTUpdated 27d ago

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Asia

New Zealand Shares Rise; Scott Technology Appoints Interim Co-CFOs

New Zealand shares rose on Friday as Asian markets saw a broad-based rally after US jobs data.The S&P/NZX 50 Index rose 0.27% or 36.23 points to close at 13,618.42.On Thursday, the Dow Jones added 1.1% while the Nasdaq Composite fell 0.8% and the S&P 500 closed flat.US markets will be closed on Friday in observance of the country's 250th Independence Day holiday, which falls on a Saturday this year.The US economy added 57,000 nonfarm jobs in June, representing the weakest tally since February, official data showed Thursday. The unemployment rate eased to 4.2% from 4.3%, matching projections.In domestic news, consumer confidence in New Zealand gained spirit in June, returning to levels seen in March but still below its January peak, ANZ Research said.In corporate news, Scott Technology (NZE:SCT) appointed Anthony Wesney and Scott Hawkins as interim co-chief financial officers, effective July 6.Santana Minerals (ASX:SMI, NZE:SMI) filed a memorandum with New Zealand's Environmental Protection Authority requesting that the processing of the Bendigo-Ophir gold project's fast-track approvals application be resumed on Aug. 17.

^NZ50ASX:SMINZE:SCTNZE:SMI
Asia

Scott Technology Appoints Interim Co-CFOs

Scott Technology (NZE:SCT) appointed Anthony Wesney and Scott Hawkins as interim co-chief financial officers, effective July 6, according to a Friday filing with the New Zealand bourse.

NZE:SCT
Asia

New Zealand Shares Rise; Meridian Energy Secures 35-Year Extension for Waitaki Power Scheme

New Zealand shares ended higher on Tuesday as Asian markets followed Wall Street's Monday rally, aided by confirmation of the US-Iran peace deal.The S&P/NZX 50 Index rose 0.49%, or 65.54 points, to close at 13,426.13.On Monday, the Nasdaq Composite gained 3.1%, the S&P 500 added 1.7%, and the Dow Jones rose 0.9%.In domestic news, the number of transport motor vehicle registrations in New Zealand in May, licensed for 12 months, fell to 3.8 million from nearly 3.9 million in the same period last year, according to figures released by Stats NZ.Also, petrol and diesel prices in New Zealand decreased by 3.8% and 11.4%, respectively, in May compared with the previous month, according to a Stats NZ selected price indexes report.Further, New Zealand's gross domestic product (GDP) is forecasted to have grown by 0.7% quarter-over-quarter and 1% year-over-year in the March quarter, below the Reserve Bank of New Zealand's 1% quarter-over-quarter expectation, and slightly below consensus at 0.8% quarter-over-quarter, BofA Securities said.Meanwhile, the New Zealand selected price indexes for May came in broadly as expected, reinforcing the downside risks to the June quarter consumer price index (CPI) forecast, ANZ Research said.In corporate news, Scott Technology (NZE:SCT) won a contract to supply an automated modular crush cell system to an unnamed testing, inspection, and certification provider.Meridian Energy (ASX:MEZ, NZE:MEL) secured approval by the Environment Court to continue operating the Waitaki Power Scheme for a further 35 years.

^NZ50ASX:MEZNZE:MELNZE:SCT
Asia

Scott Technology Secures Contract to Provide Automated Modular Crush Cell System

Scott Technology (NZE:SCT) won a contract to supply an automated modular crush cell system to an unnamed testing, inspection, and certification provider, according to a Tuesday filing with the New Zealand bourse.The contract represents the first deployment of the new technology into a large-scale commercial minerals laboratory, and extends Scott's Rocklabs Automated Modular Solution platform beyond on-site mine applications, per the filing.The system, which will support upstream sample preparation workflows for minerals testing technologies, is expected to be delivered in fiscal 2026 with potential future expansion based on operational performance, the company said.Financial terms were not disclosed.

NZE:SCT
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +11%, NZ$7.29Santana Minerals (NZE:SMI): +6%, NZ$0.67Scott Technology (NZE:SCT): +3%, NZ$2.82Heartland Group Holdings (NZE:HGH): +3%, NZ$1.23Fletcher Building (NZE:FBU): +3%, NZ$3.19EBOS Group (NZE:EBO): +3%, NZ$21.25Ryman Healthcare (NZE:RYM): +3%, NZ$2.33Spark New Zealand (NZE:SPK): +3%, NZ$1.95Mercury NZ (NZE:MCY): +2%, NZ$6.92Sky Network Television (NZE:SKT): +2%, NZ$3.18

^NZ50NZE:ATMNZE:EBONZE:FBUNZE:HGHNZE:MCYNZE:RYMNZE:SCTNZE:SKTNZE:SMINZE:SPK
Asia

New Zealand Shares Rise; Downer EDI Buys Back Nearly 168,000 Ordinary Shares

New Zealand shares ended higher on Friday as Asian markets saw gains amid hopes for an end to the US-Iran conflict.The S&P/NZX 50 Index rose 0.88% or 113.24 points to close at 12,991.31.While the US and Iran stuck to their opposing stances over Iran's uranium stockpile and the control of the Strait of Hormuz, US Secretary of ​State Marco Rubio said there had been "some good signs" in negotiations with Iran, according to a Thursday Reuters report.In domestic news, the total volume of seasonally adjusted retail sales in New Zealand reached NZ$26.04 billion in the March quarter, up 0.9% from NZ$25.81 billion in the December 2025 quarter, according to data from Stats NZ.Also, New Zealand's retail sales data for the March quarter is indicative of "decent growth" in gross domestic product for the period, but likely not as strong as the central bank's 1.1% estimate issued in February, the Bank of New Zealand (BNZ) said in a report.Further, New Zealand's total vehicle registrations were 4.6 million in April, a decrease of 28,966 from the previous month, covering both six and 12-month licensing periods, data from Stats NZ showed.In corporate news, Scott Technology (NZE:SCT) said that Chief Financial Officer Mark O'Malley is set to resign effective July 3.Downer EDI (ASX:DOW, NZE:DOW) repurchased 167,787 ordinary shares on Thursday for AU$1.3 million in total as part of an on-market buyback.

^NZ50ASX:DOWNZE:DOWNZE:SCT
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +3%, NZ$7.08Summerset Group Holdings (NZE:SUM): +2%, NZ$7.48Delegat Group (NZE:DGL): +2%, NZ$3.80EBOS Group (NZE:EBO): +2%, NZ$20.67PGG Wrightson (NZE:PGW): +1%, NZ$2.15Genesis Energy (NZE:GNE): +1%, NZ$2.44Sky Network Television (NZE:SKT): +1%, NZ$3.12Auckland International Airport (NZE:AIA): +1%, NZ$8.08Mainfreight (NZE:MFT): +1%, NZ$56.05Scott Technology (NZE:SCT): +0%, NZ$2.34

^NZ50NZE:AIANZE:ATMNZE:DGLNZE:EBONZE:GNENZE:MFTNZE:PGWNZE:SCTNZE:SKTNZE:SUM
Asia

New Zealand Shares Rise; Scott Technology CFO to Resign

New Zealand shares ended higher on Thursday as Asian markets saw gains after Nvidia results beat estimates and some vessels finally passed through the Strait of Hormuz.The S&P/NZX 50 Index rose 0.92% or 117.04 points to close at 12,878.07.Three supertankers were crossing the Strait of Hormuz on Wednesday, via a transit route that Iran has ordered ships to use, Reuters reported on Wednesday, citing shipping data on LSEG and Kpler.NVIDIA reported fiscal first-quarter revenue above Wall Street's estimates as data center sales outperformed expectations amid an artificial intelligence boom.In domestic news, New Zealand recorded a goods trade surplus of NZ$1.92 billion in April, compared with a surplus of NZ$430.2 million in March, Stats NZ data showed.Further, credit card spending in New Zealand decreased by 0.3% month on month to NZ$4.28 billion in April after a 0.7% increase in the previous month, while credit card balances fell 1.1% to NZ$5.96 billion in April, data from the Reserve Bank of New Zealand showed.Also, New Zealand businesses' annual inflation expectations rose for the short term but eased over the longer horizon, according to a survey published by the Reserve Bank of New Zealand.In corporate news, Scott Technology (NZE:SCT) said that Chief Financial Officer Mark O'Malley decided to resign effective July 3.TruScreen Group (NZE:TRU, ASX:TRU) on Thursday launched a capital raise of about NZ$2.9 million.

^NZ50ASX:TRUNZE:SCTNZE:TRU
Asia

Scott Technology CFO to Resign

Scott Technology (NZE:SCT) said that Chief Financial Officer Mark O'Malley decided to resign effective July 3, according to a Thursday filing with the New Zealand bourse.The company will soon begin the process of appointing a successor, the filing added.

NZE:SCT
Asia

NZX Midday Sector Update: Producer Manufacturing Shares Rise, Non-Energy Minerals Decline

Producer manufacturing shares gained the most on New Zealand's Exchange, rising past 1% by midday Friday.Shares of Scott Technology (NZE:SCT) were up past 2% in recent trade.Meanwhile, shares of the non-energy minerals sector fell over 2%.Santana Minerals (NZE:SMI, ASX:SMI) was down past 3% in recent trade.

^NZ50ASX:SMINZE:SCTNZE:SMI

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