New Zealand Shares Slide as Domestic Income Rises; Greenfern Industries' Shares Decline 13% on CEO Resignation

MT Newswires Live08-22

New Zealand shares slid on Thursday's close following a report that said domestic median weekly and hourly income rose in the June quarter.

The S&P/NZX 50 Index fell 0.27% or 33.62 points to close at 12,469.35.

Stats NZ reported in its Household Labor Market Survey that New Zealand's median weekly income rose by NZ$38 or 4.2% to NZ$959 in the June quarter, while median hourly pay rose by NZ$1.91 or 6% to NZ$33.56.

Median wages and salaries in the June quarter rose by NZ$70 or 5.5% to NZ$1,343, and median wages from government transfers rose by NZ$21 or 4.8% to NZ$45.

In corporate news, pharmaceutical firm Greenfern's (NZE:GFI) shares declined 13% on market close following the resignation of its chief executive officer Dan Casey, effective Thursday.

Gaming firm SkyCity Entertainment Group (NZE:SKC, ASX:SKC) swung to a loss per share in the fiscal year ended June 30 to NZ$0.189, compared with the prior-year period's earnings of NZ$0.011 per share. Its shares were 3% lower on close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2461495359?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-22 13:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2461495359","market":"sh","top_or_hot":-1,"title":"New Zealand Shares Slide as Domestic Income Rises; Greenfern Industries' Shares Decline 13% on CEO Resignation","media":"MT Newswires Live","content":"<html><body><p> New Zealand shares slid on Thursday's close following a report that said domestic median weekly and hourly income rose in the June quarter.</p><p>The S&amp;P/NZX 50 Index fell 0.27% or 33.62 points to close at 12,469.35.</p><p>Stats NZ reported in its Household Labor Market Survey that New Zealand's median weekly income rose by NZ$38 or 4.2% to NZ$959 in the June quarter, while median hourly pay rose by NZ$1.91 or 6% to NZ$33.56.</p><p>Median wages and salaries in the June quarter rose by NZ$70 or 5.5% to NZ$1,343, and median wages from government transfers rose by NZ$21 or 4.8% to NZ$45.</p><p>In corporate news, pharmaceutical firm Greenfern's (NZE:GFI) shares declined 13% on market close following the resignation of its chief executive officer Dan Casey, effective Thursday.</p><p>Gaming firm SkyCity Entertainment Group (NZE:SKC, ASX:SKC) swung to a loss per share in the fiscal year ended June 30 to NZ$0.189, compared with the prior-year period's earnings of NZ$0.011 per share. Its shares were 3% lower on close.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Zealand Shares Slide as Domestic Income Rises; Greenfern Industries' Shares Decline 13% on CEO Resignation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Zealand Shares Slide as Domestic Income Rises; Greenfern Industries' Shares Decline 13% on CEO Resignation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-22 13:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New Zealand shares slid on Thursday's close following a report that said domestic median weekly and hourly income rose in the June quarter.The S&P/NZX 50 Index fell 0.27% or 33.62 points to close at ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NZ20C.NZ","symbol_name":"S&P/NZX 20","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2461495359","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461495359","pubTimestamp":1724305736,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"New Zealand shares slid on Thursday's close following a report that said domestic median weekly and hourly income rose in the June quarter.The S&P/NZX 50 Index fell 0.27% or 33.62 points to close at 12,469.35.Stats NZ reported in its Household Labor Market Survey that New Zealand's median weekly income rose by NZ$38 or 4.2% to NZ$959 in the June quarter, while median hourly pay rose by NZ$1.91 or 6% to NZ$33.56.Median wages and salaries in the June quarter rose by NZ$70 or 5.5% to NZ$1,343, and median wages from government transfers rose by NZ$21 or 4.8% to NZ$45.In corporate news, pharmaceutical firm Greenfern's  shares declined 13% on market close following the resignation of its chief executive officer Dan Casey, effective Thursday.Gaming firm SkyCity Entertainment Group  swung to a loss per share in the fiscal year ended June 30 to NZ$0.189, compared with the prior-year period's earnings of NZ$0.011 per share. Its shares were 3% lower on close.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NZ20C.NZ":"S&P/NZX 20","SKC.AU":"SkyCity Entertainment Group Ltd","NZ50G.NZ":"S&P/NZX 50","BK7078":"赌场与赌博","T10G.NZ":"S&P/NZX 10"},"translate_title":"随着国内收入增加，新西兰股市下跌；首席执行官辞职导致Greenfern Industries股价下跌13%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NZ20C.NZ":1,"NZ50G.NZ":1,"T10G.NZ":1,"SKC.AU":0.9},"content_text":"New Zealand shares slid on Thursday's close following a report that said domestic median weekly and hourly income rose in the June quarter.The S&P/NZX 50 Index fell 0.27% or 33.62 points to close at 12,469.35.Stats NZ reported in its Household Labor Market Survey that New Zealand's median weekly income rose by NZ$38 or 4.2% to NZ$959 in the June quarter, while median hourly pay rose by NZ$1.91 or 6% to NZ$33.56.Median wages and salaries in the June quarter rose by NZ$70 or 5.5% to NZ$1,343, and median wages from government transfers rose by NZ$21 or 4.8% to NZ$45.In corporate news, pharmaceutical firm Greenfern's (NZE:GFI) shares declined 13% on market close following the resignation of its chief executive officer Dan Casey, effective Thursday.Gaming firm SkyCity Entertainment Group (NZE:SKC, ASX:SKC) swung to a loss per share in the fiscal year ended June 30 to NZ$0.189, compared with the prior-year period's earnings of NZ$0.011 per share. Its shares were 3% lower on close.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461495359"}