Category: NZ Stock Market
Metro Performance Glass [NZX:MPG] Value drops 25% in One Day
Metro Performance Glass is a 30-year-old New Zealand glass supply company with over 900 employees. Yesterday morning its NZX share price opened at 40 cents, down from 54 cents on Friday.
Why the Japanese Love the Robots in Tauranga
Yamaha, big-time Japanese manufacturer, has just bought $12 million worth of shares in a tiny Tauranga-based start-up called Robotics Plus.
Fletcher Building Limited [NZX:FBU] Shares Down Over 10%
Fletcher Building’s share price has plunged by 8.11% today. Fletcher Building is one of New Zealand’s largest listed companies.
Why Taxing Airbnb Could Be a Recipe for Disaster
Renters in Mount Maunganui are being kicked out of properties to make room for Airbnb guests. Here’s why the local council needs to stay out of it.
Why did Sky TV’s Share Price Tumble Over 2% Today?
The Sky Network Television Limited [NZX:SKT] share price has dived by 2.8%. Sky — founded in 1987 — is New Zealand’s largest pay-per-view satellite TV provider.
Dodgy Peru Gold Mine Connected with NZ Insurance Company
The Reserve Bank of New Zealand, a potential money-laundering scheme and an unusual gold mine in Peru. Lots of juicy details regarding the recent liquidation of insurance company CBL.
What Will Your Future Phone Look Like?
When an expert on mobile tech predicts a big shake-up, we listen. Because a change in mobile likely affects more people than a change in any other tech sector.
All the Money Secrets the Mainstream Won’t Tell You
We believe the best way to serve you is to be both forward-thinking and highly cynical. Business journalists, on the other hand, do neither.
Phil Twyford’s KiwiBuild Fails to Deliver
KiwiBuild has started to roll. What many believed would be the silver bullet to New Zealand’s housing crisis has been disappointing.
Synlait Milk Share Price Lifts by 3.59%
The stock value for Synlait Milk Ltd [NZX:SML] rose by over 3% today. Synlait Milk holds the exclusive rights as the manufacturer of the popular dairy product for The a2 Milk Company [NZX:ATM]
AMP: New Zealand’s Dying Phoenix?
Finally, after literally years of waiting, there appears to be dark rain clouds on the horizon…Is that…an IPO? Yes, indeed.
AMP Limited’s [NZX:AMP] Share Price Tumbles 10.67% Today
AMP Limited’s stock value has decreased by 10.67% today. On top of this, AMP announced the outcome of the completion of its portfolio review.
Don’t Blame Grandpa That You’re Poor
Heard of the ‘wealth gap’? It’s become a common buzzword in recent years, particularly here in New Zealand. You’ve probably heard it thrown around. I sure have…