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NZ Market Ends in Green as Industrials Sector Witnesses Buying

Index Update:On 15thJanuary 2025, the broader NZ market ended the trading session higher amidst buying in the industrials sector. On the same day, S&P/NZX 50 Index witnessed a rise of 0.46% to close at 12,943.570 and S&P/NZX 20 Index increased by 0.67% to 7,780.990. …

Team Kalkine | 15 January 2025

NZ Market Witnesses Buying

Index Update:On 14thJanuary 2025, the broader NZ market witnessed buying momentum as materials sector ended higher. On the same day, S&P/NZX 50 Index encountered a rise of 0.44% to end the session at 12,884.380 and S&P/NZX 10 Index rose by 0.42%. Also, S&P/NZX All …

Team Kalkine | 14 January 2025

NZ Market Ends in Red: A Quick Look

Index Update:On 13thJanuary 2025, the broader NZ market ended in red amidst sell-off in the IT sector. On the same day, S&P/NZX 50 Index witnessed a fall of 0.53% to end the session at 12,827.330 and S&P/NZX 20 Index fell by 0.43% to 7,695.780. …

Team Kalkine | 13 January 2025

Scales Corporation (NZX:SCL) reaffirms FY24 guidance range, projects NPAT of NZD 30-35Mn

Scales Corporation Limited (NZX:SCL) is a NZX-listed company, focused on agribusiness. The company operates through three divisions - Global Proteins, Horticulture and Logistics. The market capitalisation of SCL is NZD 585.7 million.

Team Kalkine | 13 January 2025

Sanford (NZX:SAN) Achieves Cost Savings and Debt Reduction Amid Simplified Channels

Sanford Limited (NZX:SAN) is a New Zealand-based fishing and aquaculture company. The company stated that export channels have been simplified and consolidation of certain distribution networks has reduced overall costs.

Team Kalkine | 09 January 2025

Selling in Healthcare Sector Weighs Over NZ Market

Index Update:On 9thJanuary 2025, the broader NZ market ended in red amidst significant selling in the healthcare sector. On the same day, S&P/NZX 50 Index witnessed a fall of 0.76% to end the session at 12,943.740 and S&P/NZX 20 Index declined by 0.82% to …

Team Kalkine | 09 January 2025

NZX 50 Ends Marginally Higher

Index Update:On 8thJanuary 2025, the broader NZ market remained muted as S&P/NZX 50 Index increased by just0.01% to close the session at 13,043.110. On the same day, S&P/NZX 20 Index rose marginally by 0.02% to end at 7,834.080 and S&P/NZX 10 Index declined by …

Team Kalkine | 08 January 2025

Argosy Property (NZX:ARG) Reports NZD 38.9Mn Profit in 1HFY25, Reversing Previous Year’s Loss

Argosy Property Limited (NZX:ARG) is a NZX listed property company that is engaged in the investment in properties which include industrial, office, and large-format retail properties, predominantly in Auckland and Wellington.

Team Kalkine | 06 January 2025

Delegat (NZX:DGL) Targets 8% Sales Growth Over Next Three Years, Boosting Oyster Bay sales in North America

Established in 1947, Delegat Group Limited (NZX:DGL)is a global premium wine company which is majority-owned by the Delegat family. Focused on crafting world-class wines, the company has invested in state-of-the-art wineries and vineyards across prime grape-growing regions in New Zealand and Australia.

Team Kalkine | 03 January 2025

PGW Wrightson (NZX: PGW) Sets Ambitious Target of NZD 51Mn Operating EBITDA for FY25

PGG Wrightson Limited (NZX:PGW), a prominent agricultural services company in New Zealand, saw a significant drop in profit in the financial year 2024 (FY24). While the company's financial performance saw a notable decline, promising developments in the dairy sector provide optimism for future recovery.

Team Kalkine | 30 December 2024