Jarden Downgrades Summerset Group to Neutral From Overweight, Price Target Is NZ$11.13
08:02 PM EDT, 05/13/2024 (MT Newswires) -- Jarden Downgrades Summerset Group to Neutral from Overweight, Price Target is NZ$11.13 Price (AUD): $10.19, Change: $-0.01, Percent Change: -0.10%
AU Evening Wrap: ASX 200 Closes Out Solid Recovery Week With Another Gain as Energy, Uranium, and Gold Stocks Star
Australia's S&P/ASX 200 closed 0.35% higher at 7749.0, rounding out a third consecutive weekly gain. The benchmark index rebounded from the prior session's sell-off to spend the whole of Friday's session in the black, building on a positive lead by U.S. equities.
AU Evening Wrap: Australia Shares Rise 0.7%, Led by Real-Estate Stocks
Property trusts were the best performing sector, rising 1.8%.
Summerset Group's Occupation Rights Sales Jumps 21% in Q1
Summerset Group (NZE:SUM, ASX:SNZ) sold 255 occupational rights sales for its retirement villages in the first quarter, a 21% jump from the same quarter a year ago, according to a Tuesday filing with
Summerset Group Holdings Declares Strike Price, Foreign Exchange Rate, for Dividend Reinvestment Plan
Summerset Group Holdings (NZE:SUM, ASX:SNZ) declared a strike price of NZ$10.7298 per share in relation to the dividend payable on March 22 for the retirement village operator's dividend reinvestment
AU Evening Wrap: ASX 200 Edge 0.1% Higher as Bank Stocks Gain
Weakness among coal miners helped pull the energy sector down by 0.35%.
New Zealand Shares Close the Week Flat, Summerset Sets Bond Offer Interest Rate
New Zealand shares closed the week flat with positive bias as pivotal US inflation data met analysts' expectations. The S&P/NZX 50 Index was little changed to close at 11,744.39. There were no alarms
Summerset Group Holdings Sets Interest Rate for NZ$125 Million Bond Offer
Summerset Group Holdings (ASX:SNZ, NZE:SUM) set the interest rate at 6.43% per annum for its NZ$125 million six-year fixed-rate bond offer. The bonds will be issued on March 8, 2024 and will mature on
Summerset Group Posts 14% Rise in FY23 Revenue, Profit Jumps
Summerset Group Holdings Ltd. (ASX:SNZ, NZE:SUM) reported Monday that its diluted earnings per share in the full fiscal year ended Dec. 31, 2023 rose to NZ$1.8709, compared with the prior-year's NZ$1
New Zealand Shares Continue Losing Streak; Mercury NZ Gains 2%
New Zealand shares continued their losing streak on Tuesday as gains in the shares of distribution and commercial service firms were not enough to offset the decline in stocks of consumer durables and
Summerset Group Considering NZ$75 Million Retail Bond Offer
Summerset Group (ASX:SNZ) is considering an offer of up to NZ$75 million of six-year, fixed-rate bonds to New Zealand investors. The retail bond offer will have the ability to accept up to an addition
Medicare Levy Change: 1.2 Million Aussies to Get Extra Tax Boost
Millions of Aussies will be able to avoid or pay a lower Medicare levy under a major change announced by the government.
AU Evening Wrap: Australia Shares Slip 0.6% as RBA Holds Rates
Tech was the worst-performing of the ASX 200's 11 sectors, shedding 1.8%.
AU Evening Wrap: Australia Shares Lose 1.0% Ahead of RBA Rate Decision
The materials sector led the declines, shedding 2.7% for its largest fall since September.
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
AU Evening Wrap: Australia Shares Lose 0.6% in Fifth Straight Decline
The real-estate sector lost 2.3% amid continued uncertainty over the timing of interest-rate cuts.
AU Evening Wrap: Australia Shares Slip 0.3% on Financial, Materials Losses
ASX 200 closed 0.3% lower at 7485.0, pulled to a fourth straight decline by weakness among financial and materials stocks.
AU Evening Wrap: Australia Shares Fall 0.1% but Eke Out Weekly Gain
Utility shares fell 1.4% and consumer staples shed 1.2%.
AU Evening Wrap: ASX Resumes Slide as Iron Ore Giants Fall
The materials sector led the losses, falling 2.1%.
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.
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