Napier Port buoyant as NZ sharemarket rises
The New Zealand sharemarket was up on Wednesday, with shares in Napier Port Holdings rising steadily following reports of a positive outlook ahead for the business.
The S&P/NZX 50 Index closed up 0.47% or 58.87 points, rising to 12,703.10, with 34.9 million shares changing hands to the value of $109.4m.
The S&P/NZX 20 index closed at 7,525.34, up 0.40%, while the S&P/NZX 10 index closed at 1,926.32, up 0.64%.
There were 63 gainers on the main board and 58 decliners.
Napier Port announced strong earnings growth for the six months ended March 31, ...MORE»
Sold sign goes up on ConsiliumMonday, May 19th, 11:30AM 1 comment
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Trade Walls, Profit Falls: NZX 50’s Tariff Exposure Unpacked
The Trump administration’s tariff strategy is a hot topic in the investment world. At Mint, we’ve had our fair of discussions. To help you make sense of the nonsense, in this article, I provide a framework of tariff exposure for every NZX50 company.
Article written by: Sam Arcand, Investment Analyst, Mint Asset Management
The Trump administration’s tariff strategy is a hot topic in the investment world. At Mint, we’ve had our fair of discussions. To help you make sense of the nonsense, in this article, I provide a framework of tariff exposure for every NZX50 company.
I define three broad categories of exposure and bucket ...MORE»
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