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Jarden Brief: Bitcoin climbs another 5 per cent 10 Mar, 2021 07:24 PM 7 minutes to read Bitcoin is now valued at US$57,000. Photo / Getty Images NZ Herald Jarden New Zealand Yesterday was a particularly good session for larger stocks with the NZ10 up 1.2 per cent. Meanwhile, the NZ50 rose 0.9 per cent with the rise dominated by the top-performing sectors of healthcare (up 2 per cent), utilities (up 1.5 per cent) and industrials (up 0.9 per cent). The worst performing sectors were energy, down 1.8 per cent and consumer non-cyclicals falling another 1.1 per cent for the day. Air New Zealand was the biggest gainer of the session advancing 3.5 per cent. Energy generator and retailer Contact Energy rose 3.2 per cent and Fisher and Paykel Healthcare increased 2.9 per cent. ....
Stuff Savor is buying Amano (pictured here), Ortolana and The Store, as part of its focus on growing its hospitality business. Savor Group is buying three central Auckland eateries as it doubles down on hospitality after selling its unprofitable Moa Brewing business. The NZX-listed company has agreed to buy Britomart venues Amano, Ortolana and The Store from Hipgroup for $11 million in cash and shares. Savor is focusing on bars and restaurants after deciding last month to cut its losses and sell its original investment, Moa Brewing Company, which had failed to turn a profit since the company listed in 2012. The new hospitality businesses will immediately add about $3m to annual operating earnings, and savings are expected by merging the operations, the company said. ....
Market close: NZ sharemarket has sharpest fall of the week 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.