
Market close: NZX falls 0.6% as Contact hit by index reshuffle
The conditional $221m Grand Hotel sale would take SkyCity’s asset sales to $295.5m.
Stories and analysis from The Northern Express Herald.
The S&P/NZX50 Index closed at 13,749.6, down 78.02 points, or 0.56%.
Wise launches novel offering to compete with banks and fund managers.
The S&P/NZX50 Index closed at 13,827.62, up 78.27 points or 0.57%.
Crimson waived its 90% acceptance threshold and will settle for 50.1%.
The S&P/NZX50 Index closed at 13,749.35, up 57.49 points or 0.42%.
Firmus’ reported offer price has fallen from A$11 to A$8.25 a share.
The S&P/NZX50 Index closed at 13,691.85, up 7.8 points or 0.06%.
Ryman declined to a 16-year low, while Fisher & Paykel Healthcare is at an all-time high.
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Confidence climbed from plus 8 to plus 40 in the NZIER's latest quarterly survey.
The S&P/NZX50 Index closed up 18.53 points, or up just 0.14%.
The S&P/NZX50 Index closed at 13,680.49, down 130.02 points or 0.94%.
The kiwi dollar fell to US55.94c, its lowest level since last December.
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The S&P/NZX50 Index closed at 13,810.51, down 23.88 points or 0.17%.
The Warehouse returned to profit with an $11.23m annual net result.
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The S&P/NZX50 Index closed at 13,13,683.63, down 147.05 points, or 1.06%.
Westpac economist said the move showed tax revenue is coming in stronger than expected.
The state of the country's finances have been revealed as the election looms.
The S&P/NZX50 Index closed at 13,830.68, up 19.57 points or 0.14%.
Lodestone Energy's NZX listing is set for October 22 at $2.25 a share.
The S&P/NZX50 Index closed at 13,811.11, down 13.72 points or 0.1%.
Borrowing costs are heading higher because of sharply rising bond yields.
Election gets in the way of a longer-term appointment being made.
The solar power company is weighing up an IPO and NZX listing.
The S&P/NZX50 Index closed at13,824.83, up 3.07 points or 0.02%.
The NZX 50 fell 0.4% after five straight gains as KMD reported early suitor interest.
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