6 stories mentioning NZE:STUUpdated 13d ago
Every FINWIRES story that references NZE:STU, newest first.
Commercial services shares gained the most on New Zealand's Exchange, rising nearly 3% by midday Monday.Shares of Livestock Improvement (NZE:LIC) rose almost 3% in recent trade.Meanwhile, shares of the distribution services sector fell roughly 3%.Shares of Steel & Tube Holdings (NZE:STU) were 3% lower in recent trade.
Steel & Tube Holdings (NZE:STU) concluded it is appropriate to prepare the company's financial statements on a going concern basis, following a review of group forecasts for the period from July 1, 2026 to June 30, 2028 and an assessment of the achievability of underlying assumptions, according to a Wednesday New Zealand bourse filing.The company said further mitigants available if financial performance falls below expectations include alternative sources of borrowing, asset sales, further working capital management and additional equity capital, with exploratory work undertaken on these options.The company's directors are satisfied the group's financing position remains sound and will continue to review its funding requirements in line with evolving business needs to ensure sufficient liquidity to discharge liabilities as they fall due, it added.The company's shares fell 9% in recent Wednesday trade.
Here are the NZX-listed companies with the biggest losses on Friday.Asset Plus (NZE:APL): -3%, NZ$0.16Eroad (NZE:ERD): -3%, NZ$0.98Steel & Tube Holdings (NZE:STU): -3%, NZ$0.33Santana Minerals (NZE:SMI): -3%, NZ$0.52Manuka Resources (NZE:MKR): -3%, NZ$0.10PGG Wrightson (NZE:PGW): -3%, NZ$2.18Michael Hill International (NZE:MHJ): -2%, NZ$0.40Westpac Banking (NZE:WBC): -2%, NZ$43.39Goodman New Zealand & Goodman Property Services (NZE:GNZ): -2%, NZ$2.05Ventia Services Group (NZE:VNT): -2%, NZ$7.01
Here are the NZX-listed companies with the biggest gains on Wednesday.Synlait Milk (NZE:SML): +4%, NZ$0.43Steel & Tube Holdings (NZE:STU): +3%, NZ$0.36New Zealand King Salmon (NZE:NZK): +2%, NZ$0.23Napier Port Holdings (NZE:NPH): +2%, NZ$3.70AFT Pharmaceuticals (NZE:AFT): +2%, NZ$3.78Ventia Services Group (NZE:VNT): +2%, NZ$8.40Investore Property (NZE:IPL): +1%, NZ$1.05Channel Infrastructure NZ (NZE:CHI): +1%, NZ$3.20T&G Global (NZE:TGG): +1%, NZ$2.45Air New Zealand (NZE:AIR): +1%, NZ$0.46
Consumer durables shares gained the most on New Zealand's Exchange, rising nearly 3% on Tuesday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose almost 3% in recent trade.Meanwhile, shares of the distribution services sector fell roughly 2%.Shares of Steel & Tube Holdings (NZE:STU) were over 1% lower in recent trade.
Distribution services shares rose the most on New Zealand's Exchange, gaining past 1% on Monday.Shares of Steel & Tube Holdings (NZE:STU) rose almost 3% in recent trade.Meanwhile, the consumer non-durables sector declined by more than 2%.a2 Milk Company (NZE:ATM, ASX:A2M) was down past 5% in recent trade.
