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Pacific Edge's plunge helps NZX50 to lowest level in 10 weeks
The Markets

Pacific Edge's plunge helps NZX50 to lowest level in 10 weeks

It was back to the future for cancer diagnostic firm Pacific Edge after its price plunged more than 75% during a down day for the New Zealand sharemarket.

BusinessDesk
Wed, Jun 7th 2023 06:46PM

Big news drive big moves on sharemarket

Big news drive big moves on sharemarket

4 min read
Investors take an early long weekend as the NZX drifts

Investors take an early long weekend as the NZX drifts

4 min read
NZ sharemarket rises as US debt issues sorted

NZ sharemarket rises as US debt issues sorted

4 min read
Nearly $1b changes hands on NZX as indices rebalance

Nearly $1b changes hands on NZX as indices rebalance

4 min read
NZ market tumbles as latest reporting season ends

NZ market tumbles as latest reporting season ends

4 min read
US debt deal boosts NZ sharemarket

US debt deal boosts NZ sharemarket

4 min read
Market heavyweight drags NZX 50 down

Market heavyweight drags NZX 50 down

4 min read
Sharemarket flat as Mainfreight slips

Sharemarket flat as Mainfreight slips

4 min read
Investors lift shares after a less hawkish Reserve Bank outlook

Investors lift shares after a less hawkish Reserve Bank outlook

4 min read
Stock investors wait on monetary policy decisions

Stock investors wait on monetary policy decisions

4 min read
Investors worry about interest rates – NZX50 droops

Investors worry about interest rates – NZX50 droops

4 min read
Ryman helps market to highest close in three months

Ryman helps market to highest close in three months

4 min read
Sharemarket droops after budget revealed

Sharemarket droops after budget revealed

4 min read
Retirement village stocks show signs of life

Retirement village stocks show signs of life

4 min read
NZ sharemarket worried by inflation and rising interest rates

NZ sharemarket worried by inflation and rising interest rates

4 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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