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HEADLINER NZX MARKET REPORT 2.9.26
A surprisingly benign tone from the RBNZ’s Monetary Policy Committee today – in setting the Official Cash Rate 235bps higher at 2.75% - helped the NZX market this afternoon to a 143 points lift in the NZX50 at 13,930.57, +1.04%. The MPS is setting monetary policy to...
Reserve Bank increases cash rate
The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.75%. Inflation increased to 4.1% in the June quarter because of higher fuel prices arising from the conflict in the Middle East. Core inflation, expected wage growth, and...
Genesis secures more gas
2.9.26 Genesis Energy has strengthened its fuel portfolio by securing approximately 11.4 PJ of additional third-party gas supply for the period from March 2027 to December 2029. In addition, Genesis has exercised its right of first refusal in respect of Kupe gas...
Port of Tauranga sells ‘Gateside’
2.9.26 Port of Tauranga has sold its property at 345 Neilson Street, Onehunga, to Trade Depot for $88.7 million. The sale was part of Port of Tauranga’s capital recycling programme, which seeks to unlock value from non-core property assets to reinvest capital into...
Fonterra updates FY26 forecast
2.9.26 Fonterra Co-operative Group has advised that it expects its FY26 full year underlying earnings* to be at the top end of its previously announced range of 60-70 cents per share. “As we look to close our accounts for the year, it has become clear that we have...
Headliner NZX Market Report 1.9.26
The impact of higher oil prices has spilled over into bond and equity markets, In NZ index fell 131.90 points to 13,786.90, on a listless day for news flow. In Aussie the ASX All Ords also slipped, by 10.12 to 9260.90. Global rates are higher, noted BNZ Markets,...
Headliner NZX Market Report 31.8.26
The NZ sharemarket bounded to a buoyant finish to the month of August, with the NZX50 index up 149 points or +1.08% at 13,917.30. The gain contrasted with the close last week which saw the market have its biggest fall in three months. The NZX50 rose on...
Recovery year for Michael Hill
31.8.26 Michael Hill International’s improved results for the June year follow strong same store sales growth across all segments, leading to a 57% increase in comparable EBIT, and the restoration of dividends. The Group has undertaken a strategic simplification of...
MARKETWEEK: Cost cutting a salient feature on NZX
30.8.26 // Warren Head Sharemarket investors making a judgement call on future prospects have been endeavouring to shake off the torpor of the past year yet have checked by the inevitable braking effect of...
Headliner NZX Market Report 28.8.26
The NZX market moved in a downwards direction today dogged by the likelihood of higher interest rates in the next OCR review – despite leading banks pointing to an economic recovery being under way. The NZX50 fell 11.87 points at 13,768.18. -0.8%. In Australia...
Market Trends
HEADLINER NZX MARKET REPORT 2.9.26
A surprisingly benign tone from the RBNZ’s Monetary Policy Committee today – in setting the...
Headliner NZX Market Report 1.9.26
The impact of higher oil prices has spilled over into bond and equity markets, In NZ index fell...
Headliner NZX Market Report 31.8.26
The NZ sharemarket bounded to a buoyant finish to the month of August, with the NZX50 index...
Headliner NZX Market Report 28.8.26
The NZX market moved in a downwards direction today dogged by the likelihood of higher...
Headliner NZX Market Report 26.8.26
A week of corporate June year results has provided momentum that has carried the...
Headliner NZXZ Market Report 25,8.26
Monetary and political concerns hung over the NZX equities market today. Next week’s...
Overseas Sharemarkets
Headliner NZX Market report 21.8.26
The big question this evening is whether the NZX market will feel the pressure up front on Monday...
Headliner NZX Market Report 4.8.26
With US President Trump talking up the prospect of the Strait of Hormuz opening up as soon...
Headliner NZX Market report 30.7.26
Wall Street worries spilled over into other markets today, including New Zealand, creating...
Reserve Bank increases cash rate
The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to...
Housing sector flat but economy rising regardless
10.8.26 The New Zealand housing market remains in the doldrums. And there appears little respite...
CPI pushes up inflation rate
21.7.26 Consumer prices rose 1.5% in the June quarter, taking the annual inflation rate rise to...
Reserve Bank moves off ultra-low OCR
8.7.26 The Reserve Bank lifted the Official Cash Rate (OCR) 25bp to 2.50% today. The the decision...
Earlier resumption of upturn
6.7.26 It has been an uncertain time – and still is – but extremely high oil prices now look to be...
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