Trading stories
Iconic consumer electronics business has officially been admitted to the list of the Australian Securities Exchange.
Telecom eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales.
Rakon pledges to pay up to 50% of net profit in dividends amidst a 37% share price slump this year, aiming to restore investor faith.
The Commerce Commission has halted its investigation into Chorus's copper service pricing, now pondering a suitable pricing regime for the ageing tech.
Telecom and Chorus shares rose on their NZX debut as separate entities, with Chorus up 11.26% to NZD $3.27 and Telecom rising 4.28% to NZD $2.02.
