New Zealand shares bounced off a four-month low, led upwards by Metro Performance Glass, A2 Milk Co and Z Energy, as part of an Asian market rally.
The S&P/NZX 50 Index gained 163.79 points, or 2.4 percent, to 6,872.26. Within the index, 46 stocks rose and five fell. Turnover was $147.2 million.
The survey shows year on year export sales fell 12%, while domestic sales rose 17% compared to September 2015. The number of staff employed slipped 2.8% on a year ago.
“That FBI news has, in investors’ minds, put her back in frontrunning for the presidency”
BusinessNZ CEO Kirk Hope says Labour’s policy to tax businesses employing foreign workers would hurt small businesses. Plus, what do NBR readers think?
Crimson is acquiring companies to get “student capital,” not boost revenue.
Insurers need to look at new ways of doing business, says the head of the world’s largest specialty insurer. With special feature audio.
Despite regulatory uncertainty, Harmoney continues to experience growth, CEO says.
