Business Scoop


Authority Proposes Actions To Correct 2019 UTS

Press Release – Electricity Authority

The Authority today released a consultation paper on the proposed actions to correct the 2019 undesirable trading situation (UTS). In December 2020 the Authoritys Board concluded there was a UTS between 3 and 27 December 2019. The decision followed … Read more »

Medical Kiwi To List On NZSX

Press Release – Medical Kiwi

Medical Kiwi Ltd today announced its intention to list on the NZX Main Board (NZSX). The South Island-based medicinal cannabis company is working towards a listing date late this month, subject to final NZX approval. Medical Kiwi Chairman Aldo Miccio … Read more »

Mixed Bag Brings Cautious Start

Press Release – Michael McCarthy

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking). Mixed economic readings in Europe and the US on Friday night left investors pondering. While stocks traded mixed to positive, the global bond sell off resumed in earnest. … Read more »

Records Ahead Of Reports, Fed Decision

Press Release – CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) US stocks set new record highs before slipping into the red in Friday night trading. Currencies and bonds steadied, but industrial commodities slid. In what may be the most influential … Read more »

Norwegian Block Exchange Secures Large Private Investment

Press Release – ACN Newswire

Just before entering 2021, Norwegian Block Exchange has received a 60 million NOK investment that was arranged by Pareto Securities — the leading investment bank in the Nordics, that acted as the sole manager and book-runner. This puts NBX in … Read more »

NZ Software StockTrim Helped Wholesalers Through Stressful Year

Press Release – StockTrim

Inventory forecasting software StockTrim is finishing 2020 having proven itself effective in a year which tested supply chain resilience. The dour year was reflected in the Emerging Out of the Pandemic Supply Chain report from Reuters and CalAmp. … Read more »

Oyster Industrial To Grow

Press Release – Oyster Property Group

Leading New Zealand commercial property fund manager Oyster will re-open the industrial fund, Oyster Industrial Limited. Oyster Industrial was launched in October 2019, initially acquiring two recently built industrial properties in Wiri, Auckland. The … Read more »

Five Investing Tips To Beat Stock Market Uncertainty In 2021

Press Release – Kalkine

Summary Stock markets threw up one of the best investing lessons in 2020, exhibiting massive volatility, emotional swings, erratic moves, and multi-bagger returns. It seems to be the right time for investors to chart out their investment plans for … Read more »

Out Of The Frying Pan, Into The Mire According To ASB KiwiSaver Research

Press Release – ASB

Sharemarket volatility has tested the nerve of ASB KiwiSaver customers this year, with six percent switching to lower risk cash and conservative funds in March as Covid-19 saw sharemarkets plunge. Commenting on ASBs KiwiSaver data, Senior Economist … Read more »

Guide To Capitalise On The Santa Claus Rally

Press Release – Kalkine

Summary As the turbulent year inches towards the end, market participants are glued to the much-awaited Santa Claus rally. Investors should retain a hawk-eye view and effectively manage the risks to capitalise on the Christmas rally. Market players … Read more »

New Zealand’s Best Fund Managers To Compete For The Annual Good Returns / Research IP Awards On 4 December

Press Release – Research IP

The Good Returns Fund Manager of the Year Awards Powered by Research IP are back in 2020, to round out the year that was and recognise the best fund managers in the country. The virtual event is free to attend on Friday 4 December, register … Read more »

Plexure To Be Admitted As A Foreign Exempt Listing On ASX

Press Release – Plexure

Plexure Group Limited (NZX:PLX) (Plexure) is pleased to announce that Plexures application for admission to the Official List of the Australian Securities Exchange (ASX) as a foreign exempt entity has been approved by ASX. Trading of Plexures … Read more »

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