MARKET CLOSE: NZX50 firms in mixed trade: Pushpay extends gain while Trustpower falls

Jenny Ruth
Thu, 07 Nov 2019

The key New Zealand share index was mildly stronger despite the number of its constituents falling matching those that gained. Pushpay Holdings extended its gains after reporting strong results and A2 Milk bounced back from Wednesday's sell-down. On the negative side, Trustpower was among the biggest decliners after reporting a fall in first-half net profit and trimming its full-year guidance. The benchmark S&P/NZX 50 Index rose 35.88 points, or 0.3 percent, to 10,795.06. Within the index, 21 stocks rose, 21 fell and eight were unchanged....
Trans-Tasman bubble details imminent - Canberra airport seeks attention
Pattrick Smellie | Thu, 04 Jun 2020

A detailed set of proposals for the creation of a trans-Tasman travel 'bubble' is due to be delivered to the New Zealand and Australian governments later today or tomorrow by the peak business body th...

Economy
Covid-19 hit: not as bad as we expected?
Rebecca Howard | Thu, 04 Jun 2020

Signs are emerging that the economic hit from covid-19 might not be as bad as expected, although what actually happens from slamming the brakes on activity both at home and abroad remains uncertain.

Finance
Fonterra appears to have seen the error of its ways on bill paying
Jenny Ruth | Thu, 04 Jun 2020

Fonterra appears to have seen the error of its ways when it come to paying its bills, if Small Business Minister Stuart Nash is to be believed.

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Telcos in lockdown, and beyond

Geoff Thorn, CEO, NZ Telecommunications Forum says modern connectivity was a major benefit during lockdown, so it’s important to ensure long term sustainability of the networks