Recent Posts

Equity trading jumps in NZX cash market as NZX 50 nears 5-year high

Share trading on the NZX jumped by more than a fifth in November, a month that saw the benchmark NZX 50 Index rally to near its highest level in five years, helped by KiwiSaver contributions and offshore demand for higher yields. Total trades on NZX’s cash markets climbed 21 percent to 80,894 last month from a year earlier to $3 …

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No float yet for Synlait Milk

Synlait Milk’s Chinese and New Zealand shareholders still want to list the company’s shares on the NZX, but there will be no float in the near future, says the Dunsandel milk processor’s chief executive, John Penno. “At some stage, it (a share float) is on the agenda in that both shareholders believe long term it’s the best place to have …

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