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BEIJING (dpa-AFX) - Major Asian stock markets tread a mixed path with the Australian AX 200 recording an all-time high, Nikkei gaining close to half percent, Kospi remaining close to the flatline
Metro Performance Glass is back in the black but continues to be plagued by pandemic related disruptions.
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Covid 19 coronavirus: Metro Performance Glass sees earnings decline due to pandemic 22 Feb, 2021 04:24 AM 3 minutes to read Metro Performance Glass will revisit its dividend policy in May. Photo / Supplied Metro Performance Glass said Covid-19 would drive its earnings down in the year to March, but that the company had shown resilience in the face of pandemic lockdowns in New Zealand and Australia. The glassmaker said the board intends to review the group's capital allocation policy, including the timing for the resumption of dividends, on May 21 when it releases its result for the year. Th...
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Market close: Strong NZ dollar and mixed results weigh down sharemarket 22 Feb, 2021 04:43 AM 4 minutes to read The travel stocks had a better day on the renewed hope of border re-openings. Photo / File The travel stocks had a better day on the renewed hope of border re-openings. Photo / File NZ Herald By: Graham Skellern There was plenty of action involving the New Zealand sharemarket, but in the end it fell one per cent, weighed down by mixed company results, rising wholesale interest rates and a strong NZ dollar. The S&P/NZX 50 Index was down 122.39 points or 0.98 per cen...
“Fisher & Paykel Healthcare benefited from strong demand for its respiratory products and while there is likely to be demand going forward, whether it’s as strong as it has been is the question that people are asking and the stock price is coming off a little bit.” The healthcare company, which is the largest stock on the market, slid 3.3 per cent to $31.87. SUPPLIED Air New Zealand’s shares gained as investors eye a recovery from the Covid-19 pandemic. The Israeli data also prompted investors to look at stocks which would potentially benefit from a re-opening of the economy, Solly...