Sharemarket News

Fletcher Building Announces Director Appointment
22 Jul, 3:01pm
Auckland, 22 July 2024: Fletcher Building today announced the appointment of Tony Dragicevich as a non-executive director of the Company effective 1 August 2024. The Board has determined that Mr Dragicevich is an independent director. ... More »

Meridian issues new demand response exercise notice to NZAS
22 Jul, 2:57pm
Meridian Energy has issued New Zealand’s Aluminium Smelter (NZAS) with a new, larger demand response notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement), revoking and replacing the earlier demand response notice issued o... More »

CRP - Chatham Closes Private Placement of Shares
22 Jul, 12:35pm
WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: “CRP” and “3GRE” (Frankfurt) or the “Company”) pursuant to the Company’s news release dated June 28, 2024, the Company i... More »

General Finance - Olympic Term Deposit Promotion featuring a Special Bonus of 0.1%
22 Jul, 10:14am
General Finance is providing an Olympic Promotion starting from 22 July 2024 to 31 August 2024. Take advantage of exclusive Olympic Term Deposit Promotion featuring a Special Bonus of 0.1%... More »

VCT - Operational performance for the year ended 30 June 2024
19 Jul, 3:02pm
The year ended 30 June 2024 has seen Auckland’s growth continue, with network connection numbers growing across Vector’s electricity and gas networks. In the year to 30 June 2024, total electricity connection numbers grew by 1.9%... More »

Challenge to banks the way to go
19 Jul, 10:26am
A government enquiry into rural banking will generate a lot of headlines over the coming year but is unlikely to disrupt the “cosy” banking oligopoly lending to New Zealand farmers... More »

Bigger returns or lower risk?
19 Jul, 10:23am
These are little-known figures: 1.6 million New Zealand households held term deposits at the end of November last year* – 49 per cent more than the start of 2022 – with the average deposit nearly $89,000... More »

NPH - Director Appointment
19 Jul, 10:10am
“With more than thirty years executive experience in the commercial, financial and investment sectors managing large global investment portfolios in Asia, Australia and New Zealand, and a diverse governance career spanning a wide range of sectors... More »

Wellington International Airport Ltd (“WIA040”) - Maturity
18 Jul, 2:17pm
NZX Operations (“NZXO”) advises that the final quotation date for Wellington International Airport Limited (“WIA”) Bonds (“WIA040”) will be Monday, 5 August 2024... More »

Devon Funds Morning Note - 18 July 2024
18 Jul, 1:27pm
The rotation away from the technology sector gathered pace on Wednesday, with the Nasdaq posting its worst session since late 2022, with a 2.8% decline. Chip stocks drove the weakness after reports that the Biden Administration is looking at clamping down... More »

CNU - Commerce Commission releases draft Price Quality decision
18 Jul, 11:13am
The Commerce Commission has released its draft decision on the price-quality path for Chorus’ second regulatory period for fibre (PQP2, 2025-2028)... More »

Precinct FY24 Annual Results and Webcast Details
18 Jul, 10:49am
Precinct Properties Group (Precinct) (NZX: PCT) confirms today that its Annual financial results for the year ended 30 June 2024 will be released to the market on Wednesday 28 August 2024... More »

Scott Technology appoints new CEO
17 Jul, 4:02pm
Scott Technology Ltd (NZX: SCT) Chairman, Stuart McLauchlan is pleased to announce the appointment of Mike Christman as CEO. Mr Christman replaces John Kippenberger who steps down at the end of August 2024... More »

Synlait FY24 guidance withdrawal
17 Jul, 3:33pm
The previously announced guidance stated that Synlait’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) performance was to be at the lower end of the $45 million to $60 million range... More »

Meridian issues demand response exercise notice to NZAS
17 Jul, 3:22pm
Meridian Energy has today issued New Zealand’s Aluminium Smelter (NZAS) with a demand response notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement)... More »

CRP - Korella North Environmental Approval Granted
16 Jul, 3:27pm
WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: 3GRE Frankfurt Bourse “CRP” or the “Company”) wishes to advise that the Korella North Mine ML100379 permitting process took another major... More »

SCL - Sale of Apple Orchards
16 Jul, 1:41pm
Scales Corporation Limited (NZX:SCL) today announced that it has entered into an agreement to sell two apple orchards, owned by subsidiary Mr Apple New Zealand Limited (Mr Apple), to a fund managed by Craigmore Sustainables... More »

Blackpearl Group Q1 FY25 Results Announcement
16 Jul, 1:37pm
Blackpearl Group (BPG) today presents its results for the first quarter ending on 30 June 2024, demonstrating continued growth and strategic advancements... More »

Devon Funds Morning Note - 16 July 2024
16 Jul, 1:16pm
The Dow Jones hit a record high on Monday with the 30-stock index closing up 0.5% at 40,211. Healthcare stocks were strong and Goldman Sachs jumped 2.6% after an earnings beat. The S&P 500 also hit a record with a 0.3% rise... More »

New privacy toolkit set to support business and organisations
15 Jul, 1:06pm
The Office of the Privacy Commissioner has launched a free online toolkit today to help businesses and organisations do privacy well... More »