Company Overview and News
New Zealand shares fell in quiet holiday trading as dual-listed banking stocks Australia and New Zealand Banking Group and Westpac Banking Corp weighed on the local market, while positive earnings spurred some buying interest in stocks including Fisher & Paykel Healthcare and Investore Property.
New Zealand shares rose as companies including Spark New Zealand and SkyCity Entertainment Group joined a rally across Asia, while earnings that met expectations from Fisher & Paykel Healthcare and Kiwi Property Group failed to inspire investors.
Early childhood education is big business in New Zealand and right now it's a seller's market as developers and investors seek to capitalise on the surge in demand for places at childcare centres.
New Zealand shares were mixed with Metro Performance Glass falling while Kiwi Property Group and Evolve Education Group gained following their first-half earnings.
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