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Press Release – Scott Technology Automation and robotics solutions provider, Scott Technology (NZX: SCT), is seeing increasing international interest and contract wins as COVID-19 restrictions ease in markets around the world and as demand for automation increases as a result of … Automation and robotics solutions provider, Scott Technology (NZX: SCT), is seeing increasing international interest and contract wins as COVID-19 restrictions ease in markets around the world and as demand for automation increases as a result of labour supply pressures across several sectors. Many deferred pro...

Market close: Shaky NZ sharemarket ignores Z Energy's solid result 6 May, 2021 05:38 AM 4 minutes to read Z Energy rose 9c or 3.38 per cent to $2.75. Photo / File NZ Herald By: Graham Skellern Service station operator Z Energy got the latest local reporting season underway with a solid profit and price rise, but a shaky New Zealand sharemarket ignored that and fell more than half a per cent. The S&P/NZX 50 Index was down 96.63 points or 0.75 per cent to 12,751.67. The index has fallen 3 per cent this year, while offshore markets have risen 7 per cent. There were 53 gainers and 82 decliners ov...

Market close: NZ sharemarket 'treading water' as it awaits company results 30 Apr, 2021 05:54 AM 4 minutes to read The NZ sharemarket edged ahead to end the week. Photo / File NZ Herald By: Graham Skellern The New Zealand sharemarket ended the week on a quiet note and a small gain, with one fund managing saying "it is treading water awaiting the latest mini-reporting season." The S&P/NZX 50 Index edged ahead 15.92 points or 0.13 per cent to 12,731.13, after falling to an intraday low of 12,661.10. There were 66 gainers and 73 decliners over the whole market, with 56.54 milli...

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...

Market close: Energy stocks drag down NZ sharemarket 20 Apr, 2021 05:38 AM 4 minutes to read By: Graham Skellern The New Zealand sharemarket gave up some of its recent hard-earned gains, led down by the energy stocks hit by dry weather in both the North and South Islands. The S&P/NZX 50 Index fell 89.28 points or 0.7 per cent to 12,678.55, and the index did stage a late recovery after reaching an intraday low of 12,574.25. There were 51 gainers and 94 decliners over the whole market, with 52.36 million shares worth $197.88 million changing hands. Matt Goodson, managing direc...