New Zealand Shares End Lower; Vital Healthcare Property Trust's Net Loss Widens
New Zealand shares fell on Thursday's close, pulled down by a decline in the shares of firms in the distribution services and financial sectors. The S&P/NZX 50 Index decreased 0.33% or 38.77 points to
Meridian Energy Windfarm Completion Expected in Late July
Meridian Energy's (NZE: MEL, ASX:MEZ) Harapaki windfarm is expected to be completed in late July or earlier, after commissioning was revised to September last year from June due to cyclones impacting
AU Evening Wrap: Australia Shares Rise 0.8% as Real Estate and Tech Rally; BOE Gains 9.1%
The heavyweight financial sector, which comprises about 28% of the ASX 200 by market capitalization, rose 0.6%.
AU Evening Wrap: Australia Shares End 1.8% Lower, Led by Consumer Discretionary Sector
The consumer discretionary sector led the declines, falling 2.4%, followed by utilities and materials which dropped 2.2% and 2.0%, respectively.
New Zealand Shares Drop on Inflation Concerns; Auckland International Airport Falls Slightly Despite Positive March Data
New Zealand shares closed lower on Tuesday as investors reacted to forecasts of higher-than-expected inflation. The S&P/ NZX 50 fell 0.94% or 111.94 points to close at 11,804.84. This decline comes am
Meridian Energy National Storage Increases From 93% to 102% for March
Meridian Energy (NZE:MEL, ASX:MEZ) posted its March operating report showing national hydro storage increased from 93% to 102% of the historical average, while South Island storage increased to 102% o
AU Evening Wrap: Australia Shares Rise 0.45% on Large-Cap Gains
Materials was the best performing of the ASX 200's 11 sectors despite weakness in shares of building-product manufacturers.
Meridian Energy Subsidiary Flux Federation's CEO Steps Down
Meridian Energy (ASX:MEZ, NZE:MEL) announced the resignation of Nic Kennedy, chief executive officer of its independent subsidiary Flux Federation, according to a Friday filing with the Australian Sec
AU Evening Wrap: Australia Shares Rise 1.0% to Record Close
All 11 sectors made gains as the benchmark index rounded out a 4.0% rise for the March quarter.
AU Evening Wrap: Australia Shares Gain 0.5% on Lower-Than-Expected Inflation
The benchmark index was flat until the release of data showing consumer prices rose by 3.4% in the 12 months to February, compared with the 3.5% expected by economists.
Meridian Energy Declares FX Rate for 2024 Interim Ordinary Dividend
Power producer Meridian Energy (ASX:MEZ, NZE:MEL) declared a foreign exchange rate of 0.9205 that was used in the 2024 interim ordinary dividend paid to Australian Investors in Australian dollars, acc
Meridian Issues Demand Response Cessation Notice to NZAS
Meridian Energy (NZE:MEL, ASX:MEZ) has issued New Zealand Aluminium Smelters (NZAS) with a cessation notice under the NZAS Demand Response Agreement 2023-2024, which will see the demand response perio
Regulator Appoints Panel for NZ Windfarms for Aokautere Extension Project; Shares Rise 3%
The New Zealand Environmental Protection Authority appointed an expert consenting panel to review resource applications for NZ Windfarms' (NZE:NWF) Aokautere Extension Project starting April 8, accord
New Zealand Shares Decline on US PPI Woes; Auckland International Airport's Passenger Volume Jumps 27%
New Zealand shares declined on Friday's close as higher-than-expected producer-price read in the US may delay the timing of potential rate cuts. The S&P/NZX 50 fell 0.35% or 41.35 points to close at 1
Meridian Energy Declares Strike Price for Dividend Reinvestment Plan
Meridian Energy (NZE:MEL, ASX:MEZ) declared a strike price of NZ$5.7624 for its dividend reinvestment plan in respect to the interim dividend to be paid on March 26, according to a filing with the New
New Zealand Shares Flat on Thursday; Pacific Edge's Chair to Retire
New Zealand shares were flat with a negative bias at Thursday's close, dragged down by the shares of firms in the heavyweight finance sector. The S&P/NZX 50 Index was little changed to close at 11,808
Meridian Energy Completes NZ$300 Million Green Bond Offer
Power producer Meridian Energy (ASX:MEZ, NZE:MEL) has allocated NZ$300 million of six-year, fixed-rate green bonds, including oversubscriptions of NZ$100 million. The bonds' issue margin was set at 1.
Meridian Energy Retail Sales Volume Rises in February
Meridian Energy's (NZE:MEL, ASX:MEZ) retail sales volume rose 9.6% in February compared with the same month a year ago, according to a filing with the New Zealand Stock Exchange on Thursday. Electrici
AU Evening Wrap: Australia Shares Lose 1.8% for Largest Drop in a Year
ASX 200 fell 1.8% to close at 7704.2, its heaviest one-day loss in a year. All 11 sectors finished lower.
New Zealand Shares End Lower Amid Profit Taking; Meridian Energy Confirms Bond Offer
New Zealand shares declined on Monday's close on profit-taking following a 1% increase last Friday. The S&P/NZX 50 Index fell 0.42% or 50.05 points to close at 11,873.67. Shares of producer manufactur
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