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Jarden Brief: NZ Mortgage borrowings hit record high

Jarden Brief: NZ Mortgage borrowings hit record high 29 Apr, 2021 08:05 PM 7 minutes to read The housing market has been simmering away all year. Photo / File NZ Herald New Zealand On Thursday, the NZX50 rose 0.6 per cent to 12,715.20 points. Energy (+3.5 per cent) and consumer non-cyclicals (+1.8 per cent) made the biggest gains, while real estate and Financials (both -0.4 per cent) underperformed. Z Energy (+3.5 per cent to $2.63) was the top performer of the day. The fuel distributor will release its FY21 results next week Thursday at 8.30am. Also in the green were health care giant EBOS Group (+3.1 per cent to $29.95) and film software provider Vista Group International (+3.0 per cent to $2.37).

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Market close: Mainfreight hits historic $70 mark

Market close: Mainfreight hits historic $70 mark 28 Apr, 2021 05:38 AM 4 minutes to read Mainfreight rose 70c to $70.30. Photo / Supplied NZ Herald By: Graham Skellern Transport and logistics favourite Mainfreight made an historic move, breaking through the $70 mark for the first time as the steady-as-you-go New Zealand sharemarket made a small gain. The S&P/NZX 50 Index increased 25.61 points or 0.2 per cent to 12,646.14, again trading in a narrow range of between 12,598.03 and 12,664.42. There were 87 gainers and 47 decliners across the whole market, with 45 million shares worth $189.35 million changing hands. Mainfreight, by far the market s most expensive stock, rose 70c to $70.30 after hitting an intraday high of $70.57. The company reached $69.89 on December 30 and has roared back from $25.10 on the market s low of March 23 last year, when Covid-19 took hold. Fisher and Paykel Healthcare is the nearest costliest stock to Mainfreight but at nearly half

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Market close: Former market darling a2 Milk plunges to another low

Market close: Former market darling a2 Milk plunges to another low 27 Apr, 2021 05:38 AM 4 minutes to read A2 Milk, which sat at $19.92 on August 20 last year, has fallen to $7.46. Photo / File A2 Milk, which sat at $19.92 on August 20 last year, has fallen to $7.46. Photo / File NZ Herald By: Graham Skellern The New Zealand sharemarket stayed stubbornly flat but storm clouds surround marketer a2 Milk as it fell a further 5 per cent and more to a new low. The S&P/NZX 50 Index slipped 30.11 points or 0.24 per cent to 12,620.52, after trading in a narrow range of 12,592.77 to 12,693.15. There were 80 gainers and 58 decliners over the whole market on solid volume of 46.58 million share transactions worth $194.92 million.

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Market close: Former market darling a2 Milk plunges to another low

Market close: Former market darling a2 Milk plunges to another low
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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Market close: Fletcher Building reaches two-year high, a2 Milk falls below $8

Market close: Fletcher Building reaches two-year high, a2 Milk falls below $8
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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