Retailers had a busy day.
The bonus follows a huge increase in the valuation of Infratil’s stake in datacentre company CDC implied by a transaction announced in February.
NZX Top 50 closed down 3.7%, with companies including Seeka, Mainfreight, Fletcher Building, and KMD Brands all hit.
The fallout of Donald Trump’s ‘Liberation Day’ tariff announcements continues to reverberate, with the local bourse in the largest one-day sell-off since the pandemic.
Takeovers Panel convenes a meeting to inquire into whether Canadian billionaire complied with the Code.
Close to A$90b in value has been shed from Australia's stock market since Trump’s ‘Liberation Day’ announcement.
The defensive growth characteristics of many NZX constituents should provide some resilience, says analyst.
Global markets have been hammered following yesterday’s tariff announcement by Donald Trump.
Skellerup, Delegat, AoFrio, and F&P are all assessing what 10% rate means for exports.
Investors, analysts, and exporters react to Trump’s ‘Liberation Day’ tariff message.
