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Top News In மார்ஸ்டன் கடல் ஹோல்டிங்ஸ் Today - Breaking & Trending Today

Market close: NZ sharemarket unnerved by rebalancing

Market close: NZ sharemarket unnerved by rebalancing
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: Investor confidence returning as sharemarket rises more than 1 per cent

Market close: Investor confidence returning as sharemarket rises more than 1 per cent
8 Apr, 2021 05:35 AM
4 minutes to read
Tourism Holdings had strong day, rising 7c or 2.63 per cent to $2.73. Photo / Supplied
NZ Herald
By: Graham Skellern
Buyers were again active as the New Zealand sharemarket took a lead from positive offshore bourses to post more than one per cent gain – representing a rise of nearly two per cent in two
trading days.
On Wall Street, the Dow Jones Industrial Average and S&P 500 index hit all-time highs this week, the London FTSE 100 Index was up 0.9 per cent overnight, the Hong Kong and China market were ahead, and the Australian S&P/ASX 200 Index was up 0.89 per cent to 6900 points at 5.45pm (NZ time). ....

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Auckland Council a 'lazy' port owner, time to stop hiding behind port law: councillor

Auckland Council a lazy port owner, time to stop hiding behind port law: councillor
6 Apr, 2021 05:23 AM
6 minutes to read
There have been three deaths at the port in recent years. Photo / Michael Craig
A special stopwork meeting over worker safety at the Ports of Auckland is likely this week as a senior Auckland councillor says the council has been a lazy hands-off owner of the country s main imports
gateway.
Councillor Chris Darby said the council has been hiding behind the Port Companies Act and failing to show leadership.
Our hands-off approach has contributed to the well documented challenges the port faces and subsequent erosion in value. Time s up, he said. ....

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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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Port of Tauranga mid-year profit up despite rough waters

Port of Tauranga mid-year profit up despite rough waters
25 Feb, 2021 07:32 PM
6 minutes to read
Port of Tauranga confident of its own abilities amid supply chain congestion. Photo / Supplied
Port of Tauranga turned in a mid-year 2.3 per cent increase in group net profit after tax, despite volatile cargo volumes and fallout from supply chain congestion and severe ship delays at Auckland.
Group net profit after tax for the first six months of the 2021 financial year to December was $49.4 million, achieved despite a 1.3 per cent decrease in total trade volumes to 13.1m tonnes.
Revenue was $159.5m, up 3 per cent on the same previous period, due to higher income from the container terminal and a 22.3 per cent rise in the earnings of subsidiaries and associate companies. ....

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