News

Bremworth Limited (NZX:BRW)has provided an update on its proposedacquisitionbyFloorscape Limited, outlining changes to the expected capital return forshareholdersas regulatory processes continue. The update follows more challenging trading conditions than initially anticipated and comes as the New Zealand Commerce Commission (NZCC) continues its assessment of …

Index Update:On 10thFebruary, the broader NZ market ended higher amidst buying momentum. On the same day, S&P/NZX 50 Index witnessed a rise of 0.50% to end at 13,513.680 and S&P/NZX 10 Index increased by 0.86% to 13,005.420. Also, S&P/NZX 20 Index rose by 0.50% …

Index Update:On 9thFebruary, the broader NZ market ended on a flat note amidst decline in the communications services sector. On the same day, S&P/NZX 50 Index witnessed an increase of 0.02% to end at 13,446.370 and S&P/NZX 20 Index declined by 0.01%. Also, S&P/NZX …

Rakon Limited (NZX:RAK) has entered a formal takeover period after U.S.-based electronics manufacturer Bourns, Inc. launched a full cash offer toacquireallequitysecurities in the company. The offer values Rakon shares at NZD 1.55 each and follows a year in which the stock has risen more …

Locate Technologies Ord Shs (NZE:LOC) traded at NZD 0.073 on 9 February, down 1.35% for the session and 8.75% over the past five days. The update follows the company’s release of its Q2 FY26 investor report, marking its first quarterly update since listing on …

Index Update:On 9thFebruary, the broader NZ market ended on a flat note amidst decline in the communications services sector. On the same day, S&P/NZX 50 Index witnessed an increase of 0.02% to end at 13,446.370 and S&P/NZX 20 Index declined by 0.01%. Also, S&P/NZX …

Bitcoin (BTC) slipped to the USD 65,000 level recently (during Asain trading hours on 6 February 2026), reversing earlier gains as the broader cryptocurrency market moved lower. The pullback came amid continued volatility across global financial markets, with investors tracking developments in equities, commodities, …