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NZ shares mixed, Fisher & Paykel and Air NZ drop while Kiwi Property rebounds

New Zealand shares were mixed as Fisher & Paykel Healthcare fell on the stronger Kiwi dollar while property stocks rebounded from earlier selling. (17-0)

Sharemarket slips in thin holiday trade

New Zealand shares slipped in thin holiday trading as appetite declined for companies offering attractive dividend yields, such as regulated utilities Chorus and Genesis Energy and pay-TV operator Sky Network Television. (23-1)

NZ shares up in very quiet pre-Christmas trading

New Zealand shares traded quietly in a truncated final session before Christmas, rising in light volume. (5-0)

NZ shares weaken as A2, property stocks drop, while Synlait gains on fresh milk plans

New Zealand shares fell, led lower by A2 Milk even as Synlait Milk gained, while Kiwi Property Group and Goodman Property declined. (3-0)

NZ shares edge up as NZX leads late recovery, Air New Zealand falls

New Zealand shares edged up to a new record, led by stock market operator NZX and as investors changed their tune on a2 Milk Co late in the day. Air New Zealand fell on disappointing monthly metrics. (31-0)

Sharemarket edges lower amid quiet trading

New Zealand shares edged lower in quiet trading as investors weighed up the mixed messages from Wall Street on Friday and NZX's trading platform suffered an outage late in the day. Synlait Milk declined ahead of an investor update this week. (19-0)

Australian shares flat as materials and financials diverge; NZ down

2017-12-04 themalaymailonline
Rio Tinto, after months of speculation, appointed Simon Thompson as its next chairman to succeed Jan Du Plessis. — Reuters picSYDNEY, Dec 4 — Australian shares were steady today, as gains in materials stocks on strong commodity prices were offset by declines in the financial sector. (27-0)

Kiwi Property Group bond issue to raise $125 million

Kiwi Property Group wants to raise as much as $125 million selling seven-year bonds to repay bank loans and for general business use, joining the growing number of firms chasing cheaper capital through the listed debt market. (6-0)

Which NZX company has the best corporate governance?

A new tool which shows how aligned a company's management is with its shareholders has been released by AUT's Auckland Centre for Financial Research.

Kathmandu leads stockmarket higher

New Zealand shares rose, led by Kathmandu Holdings ahead of its annual meeting, while Metro Performance Glass gained on its first-half earnings. (19-0)

Kiwi Property half year profit rises 5%

A rise in rental income has lifted the half year profit for the country's biggest commercial property investor.

Kiwi Property first-half profit rises 5% on rental income growth; portfolio valuations flat

Kiwi Property Group lifted first-half profit 5 per cent as the country's biggest listed property investor's rental portfolio benefited from new tenants coming on stream, even as the value of its portfolio was flat.

NZ shares gain as Z and Precinct rise; Tower hits record low

New Zealand shares rose, led higher by Z Energy on lingering optimism over the transport fuels company's outlook and Precinct Properties New Zealand which is tapping the listed debt market. Tower hit a record low. (4-0)

Wellington's Majestic Centre sold for $123.2m

Kiwi Property Group, which manages a $3 billion portfolio of shopping centres and office buildings, is selling its Majestic Centre office tower in Wellington to Investec Australia Property Fund for $123.2 million.

NPT sells its interest in Auckland high-rise to SkyCity for $47 million

NPT, the listed property investor, has sold its interest in the AA Centre in central Auckland to SkyCity Entertainment Group for $47 million, as it looks to reposition the business after a board overhaul.