Return to its roots for NZX
The first annual meeting of NZX in Dunedin in decades next weekend is celebrating the New Zealand Stock Exchange’s 150th anniversary.
NZX
Strong start as earnings sought
Strong start as earnings sought
Trading on the NZX's cash markets rose by more than 24% in December but brokers are also reporting a strong start to 2013 as investors continue to look for income from their money.
Job losses as Rakon shifts more off shore
Job losses as Rakon shifts more off shore
Rakon, once the market darling of the NZX, is shifting more of its operations offshore and up to 60 of its 430 New Zealand workers are likely to lose their jobs.
Need for new companies on NZX
Need for new companies on NZX
The importance of bringing new companies to the NZX is growing quickly, as another New Zealand-listed company appears likely to leave soon.
NZX punished by investors
NZX punished by investors
Investors punished NZX shares yesterday after the share-market operator issued a disappointing first-half forecast downgrade.
Broker welcomes gender disclosure
Broker welcomes gender disclosure
An NZX requirement for listed companies to disclose their gender diversity has been welcomed by Dunedin sharebroker and director Noeline Munro.
Busy, exciting year forecast for NZX
Busy, exciting year forecast for NZX
The NZX is facing a busy year ahead, with one state-owned enterprise pegged for partial sale, possibly in September, and shares in the world's largest dairy co-operative Fonterra likely to be traded.
Objections to greed reflected in salary cuts
Objections to greed reflected in salary cuts
The age of austerity has caught up with some of the country's most powerful bosses and for the first time in the eight years of the Business Herald executive pay survey the value of the average chief executive pay packet has dropped.
NZX appointed to operate Fonterra Shareholders Market
NZX appointed to operate Fonterra Shareholders Market
Fonterra is appointing NZX to operate the Fonterra Shareholders Market as part of Trading Among Farmers.
Telecom, Chorus lead quiet market
Telecom, Chorus lead quiet market
Shares in recently-separated Telecom and Chorus dominated trade in a relatively quiet day on the NZX yesterday, with no particular reason obvious for the interest in either company.
'Significant milestone' for dairymarket
'Significant milestone' for dairymarket
NZX Dairy Futures describes the achievement of 5000 lots traded as a "significant milestone" in the growth of the global dairy risk management tool.
Speculation over departure
Speculation over departure
NZX chief executive Mark Weldon's plans to resign during the first half of next year caused speculation that he may have been shoulder-tapped by Prime Minister John Key to stand for Parliament in the election next month.
Weldon resigns as NZX chief
Weldon resigns as NZX chief
Mark Weldon is stepping down as chief executive of NZX Ltd, the operator of the New Zealand stock exchange.
New listings a welcome lift for NZX
New listings a welcome lift for NZX
The New Zealand sharemarket has struggled to re-establish its relevance. Today it represents just 30% of GDP, compared with 56% 15 years ago.
Super funds may have to rethink strategy
Super funds may have to rethink strategy
Superannuation funds, including KiwiSaver, will need to rethink their investment strategies if the partial sale of state-owned assets is delayed, Deloitte Dunedin managing partner Steve Thompson says.
NZX piques interest of watchdog
NZX piques interest of watchdog
The Financial Markets Authority (FMA) is taking an interest in NZX's disclosures over the performance of the Clear grain exchange, after testimony given in a court hearing with Clear's founders painted a weaker picture of the business.
NZX alleges breach of warranty
NZX alleges breach of warranty
Stock exchange operator NZX is apparently worried that it may have been sold a pup in its 2009 purchase of the Australian Clear Grain Exchange, and it has filed a lawsuit alleging breach of warranty.
Argosy's 'high side' contract criticised
Argosy's 'high side' contract criticised
NZX-listed Argosy Property Trust, the target of DNZ Property Group's hostile takeover moves, has come under fire in a Forsyth Barr report.
Index place swap flows through to share prices
Index place swap flows through to share prices
Shares in Abano Healthcare Group and Methven were, respectively, punished and rewarded by investors when it was announced on Thursday the pair would swap places in the New Zealand stock exchange's NZX top 50 companies index.
NZX shares on upward trend
NZX shares on upward trend
The New Zealand Stock Exchange's own shares have rocketed in value during the past 10 trading days, up more than 30% to $2.12 yesterday.