Jarden Brief: Australia s tax regime in the firing line
12 Apr, 2021 08:55 PM
7 minutes to read
Australian offshore banking unit regime is facing pressure from Europe. Photo / Getty Images
NZ Herald
Jarden
New Zealand: The S&P NZX50 index fell by 0.4 per cent yesterday, with the decline led by healthcare and energy sectors, respectively down 2.6 and 0.7 per cent.
The top-performing sectors were utilities and financials which rose 1.9 and 0.3 per cent.
Utilities companies Meridian Energy and Mercury NZ each rose 3.1 per cent. Mark Verbiest, Chairperson of the Meridian Board, increased his holdings last Wednesday by 10000 shares. Some investors may take this as an indication of underlying management confidence in a company.
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Jarden Brief: Why Michael Hill shares leaped 10 per cent
10 Dec, 2020 07:08 PM
7 minutes to read
Michael Hill s latest update impressed the market. Photo / File
NZ Herald
New Zealand
The SPX NZ50 was down 0.2 per cent on the day. All peer indices were down between 0.2 and 0.3 per cent with the size factor not playing a decisive role in yesterday s trading.
The best performing sectors on the day were Energy, up 1.2 per cent, and Consumer Non-Cyclicals, up 1.0 per cent. Utilities and Real Estate were the worst-performing sectors on the day, respectively down 1.2 and 0.7 per cent.
Retirement village operator Oceania Healthcare was the best performer on the day, up 3.1 per cent. Generator retailer Trustpower was the next best performer, up 2.6 per cent. Generator retailer Meridian Energy was the worst performer on the day, down 2.4 per cent. Fibre optics network owner Chorus was the next worst performer, down 2.2 per cent for the day.
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