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Market close: NZ sharemarket falls more than half a per cent

Market close: NZ sharemarket falls more than half a per cent
1 Apr, 2021 04:40 AM
5 minutes to read
AFT Pharmaceuticals slumped 57c or 11.52 per cent to $4.38. Photo / 123RF
NZ Herald
By: Graham Skellern
The New Zealand sharemarket gave back much of its gains from the day before, falling more than half a per cent on steady trading as it entered the four-day Easter break.
The S&P/NZX 50 Index
fell 72.38 points or 0.58 per cent to 12,488.31, after rising 0.92 per cent on Wednesday. The index picked up in late trading, beforehand reaching an intraday low of 12,439.41.
There were 63 gainers and 74 decliners over the whole market, with 43.46 million shares worth $165.38 million changing hands. ....

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Sodexo First Half Fiscal 2021 Results: rebound in profitability and strong free cashflow

Sodexo First Half Fiscal 2021 Results: rebound in profitability and strong free cashflow Improving organic revenue trend quarter by quarter, at -21.7% for H1 ....

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State to acquire wetlands habitat along Kasilof River with federal grant

State to acquire wetlands habitat along Kasilof River with federal grant
Print article
KENAI - Alaska will acquire about a half square mile of habitat along the Kasilof River through a federal grant.
The U.S. Fish and Wildlife Service approved a grant of about $340,000 for the project through its National Coastal Wetlands Conservation Grant program, the Peninsula Clarion reported Tuesday.
The total cost of the project is estimated at around $500,000.
The fish and wildlife service program aims to “protect, restore and enhance coastal wetland ecosystems and associated uplands” across the country.
The project will protect about .44 square miles of coastal wetland habitat in the Kasilof River Flats, including 2.25 miles of river shoreline. ....

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Manchester & London Investment Trust Plc - Half-year Report

Manchester & London Investment Trust Plc - Half-year Report
PR Newswire
(the Company )
Half-yearly report for the six months ended 31 January 2021
A copy of the Half-Yearly Report can be accessed via the Company s website at www.mlcapman.com/manchester-london-investment-trust-plc or by contacting the Company Secretary by telephone on 01392 477500.
Summary of Results
256,791
633.62
11.8%
Six months to
7.00
Ex-dividend date
During the half year under review, the
total NAV per Share return was 2.4 per cent, compared to an
increase in the benchmark of 11.8 per cent.
It has been a period where small capitalisation stocks, unprofitable Technology hopes, Cryptocurrencies and Reflation Value plays have been in vogue, whilst mega-capitalisation Technology (with the exception of Apple and Tesla) has lagged. ....

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China-Backed Junta's Violence Aggravates Myanmar Economy

China-Backed Junta s Violence Aggravates Myanmar Economy
Financial data firm says coup cuts in half projected 6% economic growth as Asian investors to be impacted by military takeover.
Social media images of burning Chinese factories in Yangon s suburban factory district known as Hlaing ThaYa must be making already concerned foreign investors sit up. They will be paying closer attention to the escalating murder and violence by the country s coup regime, as they try to crush the massively popular revolt against them.
Global Times, the Chinese government mouthpiece, characterized the burning of factories as barbaric, while not even making a brief mention of the slaughter of 18 unarmed peaceful protesters in the same location the same day. Despite public denials of arson by the protesters who live next to these factories the Chinese propaganda simply repeats Myanmar junta s typically deceitful narrative of ....

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