NZ sharemarket down, Ryman Healthcare up
Ryman Healthcare sprang into life, gaining more than 4% on heavy trading, while the New Zealand sharemarket had another down day.
It was a topsy-turvy session for the S&P/NZX 50 Index, ranging from a high of 11,659.03 to a low of 11,602.97 before closing at 11,618.09, a decline of 34.07 points or 0.29. It was the sixth fall in seven days.
There were 90 decliners and 48 gainers over the whole market on volumes of 40.65 million share transactions worth $137.64m.
Leading retirement village operator Ryman Healthcare, ...MORE»
Aurora KiwiSaver targets private assets that support business growthTuesday, May 14th, 6:21AM
Aurora Capital, which has allocated 3% to private corporate debt for its KiwiSaver conservative and growth funds, is also interested in investing in startup companies. MORE» |
MDRT NZ gears up for growthMonday, May 13th, 11:42AM
Premier adviser group MDRT is gearing up for growth in New Zealand. MORE» |
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Air New Zealand – brightness on the horizon?
It is no secret that the airline industry has faced a turbulent time in recent years, with participants halted for long periods during the pandemic, and making large losses.
By Greg Smith, Head of Retail at Devon Funds
The reopening post-Covid then saw supersonic passenger demand with airfares rising accordingly, and turbo-charging earnings. Volatile jet fuel costs on the back of wars and geopolitical tensions have made the journey more testing.
From the stock market’s perspective, the sector has descended around 30% over the past five years, while global equity ...MORE»
[Weekly Wrap] Money on the moveFriday, May 10th, 2:38PM
Two funds management empires fall, while a new one is built. MORE» |
[GRTV] Richard Klipin reflects on time at FSCThursday, May 9th, 9:10AM
Richard Klipin signs off as Financial Services Council (FSC) chief executive this week, he talks to Philip Macalister about his achievements and his thoughts on financial advice. MORE» |
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[GRTV] A trip around investment issues with MyFiduciary’s Chris Douglas
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Air New Zealand – brightness on the horizon?
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MDRT NZ gears up for growth
Premier adviser group MDRT is gearing up for growth in New Zealand. MORE»
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Aurora KiwiSaver targets private assets that support business growth
Aurora Capital, which has allocated 3% to private corporate debt for its KiwiSaver conservative and growth funds, is also interested in investing in startup companies. MORE»
