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HEADLINER NZX Market Report 4.6.26
The NZ sharemarket didn’t entirely escape from the debris of US markets sliding backwards of recent peaks as investors there began to lose faith in any break-through in US-Iran negotiations. In midweek, the US House of Representatives voted in favour of ending...
Me Today China partner stepping up
Me Today Ltd advised NZX that its China partner has given notice to take its ownership in the Me Today China brand to 40%. As advised on 1 July 2024, Me Today signed a full suite of commercial agreements with a large Chinese Sports Nutrition Company. The licence...
HEADLINER NZX Market Report 3.6.26
The NZ sharemarket has drifted off again into a drizzle of limp movements, with the NZX50 faltering by 55.63 points to 13,115.08 on the NZX50. There were 43 falls to 41 gainers, the declines mostly a cent or two only. Yet at this placid pace, the index will be back...
Pacific Edge capital raise over-full
Cancer diagnostics company Pacific Edge has made a well oversubscribed capital raise. It targeted a raise of $31.4m, at $0.17 per share, based on a NZ$25.4m placement and a $6m retail offer, with the ability to accept over-subscriptions at PEB’s discretion. The...
Death of MOVE founder
3.6.26 MOVE Logistics Group advised that founder and former managing director, Jim Ramsay, has passed away. The company stated, “ Jim was a pioneering figure in the Zealand trucking and logistics industry, and his vision and leadership helped shape MOVE into the...
Ryman considers bond offer
3.6.26 Ryman Healthcare is considering an offer of 6 year fixed rate, secured, unsubordinated bonds (Bonds) to institutional investors and New Zealand retail investors. The Bonds will be unsubordinated obligations of Ryman, and will have the benefit of a guarantee and...
HEADLINER NZX Market Report 2.6.26
The shortened trading week began with some dramatic events on NZX but being associated with midcaps they did not prevent the NZX50 from slipping 73.84 points to 13,170.71 American markets were actively higher overnight, as A.I. fever surfaced again and the...
Transition at Fonterra
2.6.26 Fonterra Co-operative Group’s Chief Innovation and Brand Officer, Komal Mistry-Mehta, has decided to leave the Co-op in October 2026, concluding a 15-year career with the business. Fonterra CEO Richard Allen acknowledged her significant contribution to...
Green Cross plans medical division sale
2.6.26 Green Cross Health has entered into a conditional sale and purchase agreement to sell its Medical division (trading as The Doctors) to Tend Health. The transaction is valued at $270 million, subject to certain adjustments, including for net debt and net working...
Air NZ increases capacity
2.6.26 Air New Zealand reports that group capacity increased 2.4% in April compared with the prior year. Long-haul ASKs rose 0.3%, while domestic capacity increased 2.2%, supported by two additional A321 aircraft in operation compared with April last year. This was...
Market Trends
HEADLINER NZX Market Report 4.6.26
The NZ sharemarket didn’t entirely escape from the debris of US markets sliding backwards...
HEADLINER NZX Market Report 3.6.26
The NZ sharemarket has drifted off again into a drizzle of limp movements, with the NZX50...
HEADLINER NZX Market Report 2.6.26
The shortened trading week began with some dramatic events on NZX but being associated with...
HEADLINER NZX Market report
The sharemarket absorbed the commentary about future increases in the Official Cash Rate –...
HEADLINER NZX Market Report 27.5.26
The New Zealand sharemarket took heart from the Reserve Bank’s MPC decision to hold the...
HEADLINER NZX Market Report
Earnings reports held the spotlight on NZX today, leaving global markets to ponder on the...
Overseas Sharemarkets
US stocks at record levels
28.4.26 Oil prices continue to climb, with Brent crude nearing USD110 per barrel, as the Strait of...
NZX Headliner Market Report 23.4.26
The geopolitical situation hung over several markets today including that of New Zealand....
Headliner NZX Report 20.4.26
The global oil situation provided a setback for equities during the course of Monday, when...
Historic FTA signed with India
New Zealand and India yesterday signed a once-in-a-generation Free Trade Agreement (FTA) which...
Weather insurance claims spike in NZ
New Zealand has experienced a record 46 storms over the past 12 months, driving a sharp rise in...
Variations in power pricing
Consumer NZ analysis of the April 1 electricity price rises shows large differences around...
IMF warns of a slowing world economy
15.4.26 Global growth is projected to slow to 3.1% in 2026 and 3.2% in 2027, states the IMF...
Stable situation in fuel stocks
6.4.26 Today’s fuel stocks update by MBIE showed that as of last Wednesday evening, there were...
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