Jarden Brief: Australia s tax regime in the firing line
12 Apr, 2021 08:55 PM
7 minutes to read
Australian offshore banking unit regime is facing pressure from Europe. Photo / Getty Images
NZ Herald
Jarden
New Zealand: The S&P NZX50 index fell by 0.4 per cent yesterday, with the decline led by healthcare and energy sectors, respectively down 2.6 and 0.7 per cent.
The top-performing sectors were utilities and financials which rose 1.9 and 0.3 per cent.
Utilities companies Meridian Energy and Mercury NZ each rose 3.1 per cent. Mark Verbiest, Chairperson of the Meridian Board, increased his holdings last Wednesday by 10000 shares. Some investors may take this as an indication of underlying management confidence in a company.