The Latest
Surprise funding for Golden Bay Cement
20.7.26 The Government has made a dramatic move to ensure domestic supply of cement by granting Golden Bay Cement up to $60m to support the continued operation of the Fletcher Building subsidiary’s Northland operations. The move is described as “a specific, one-time...
Headliner NZX Market Report 20.7.26
The deteriorating position in the Persian Gulf War has sent oil markets soaring and equity markets plunging over the weekend and the pattern was repeated today. Iran has widened its attacks on US bases in the Middle East and the US has intensified...
MARKETWEEK: Signs of forward momentum
// WARREN HEAD // 18.7.26 The equities market is waiting for the NZ economy to right itself after being knocked off course by the onset of the Persian Gulf and resultant fuel cost crisis....
Headliner NZX Market Report 16.7.26
The NZ sharemarket had a fairly subdued day as concerns about any inflation impacts from the suddenly higher fuel costs prevail. The situation in the Middle East does not appear to be alleviating- but has not been worsened – the Football World Cup in the US has...
Headliner NZX Market Report 15.7.26
Against the background of rising fuel prices – as the tension in the Persian Gulf tightened up oil prices on global markets – the NZX market had a flat trading session. The NZX50 fell 15.15 points at 13,635.07. In Australia the ASX All Ords gained 33.30 at 9,034.60....
US equity markets move upwards
15.7.26 American financial markets exhaled outwards overnight in a softer inflation report and a back-down by President Trump from his plan to charge a 20% levy on cargo traversing the Strait of Hormuz That policy lasted less than 24 hours, noted BNZ Markets this...
Skellerup upgrades earnings guidance
14.6.27 Buoyed by higher demand, Skellerup has increased its forecast full year FY26 net profit after tax (NPAT) to a range of $64 to $65 million. This compares to earlier guidance of $57 to $62 million and FY25 NPAT of $54.5 million. CEO Graham Leaming said. “Sales...
Headliner NZX Market Report 14.7.26
The spotlight was back on the deteriorating situation in the Persian Gulf, after an unexpected social media decision by US President Trump’s to impose a 20% toll on all non‑Iranian cargo transiting the Strait of Hormuz. The US also reinstated an “Iranian blockade”...
Headliner NZX Market Report 13.7.26
The NZ sharemarket opened the trading week rather lamely today with the NZX50 sinking 62.47 points to 13,723.20 despite a fresh takeover providing some positive momentum. 2 Cheap Cars were out on notice of a takeover bid from major shareholder Sena & Co, which...
Rua signs major export deal in UK
Rua Bioscience has announced a major sales and distribution agreement with one of the UK’s largest medicinal cannabis clinic and distribution businesses. The agreement is expected to generate revenue of more than NZ$10 million over the initial two-year term. It marks...
Market Trends
Headliner NZX Market Report 20.7.26
The deteriorating position in the Persian Gulf War has sent oil markets soaring and...
Headliner NZX Market Report 16.7.26
The NZ sharemarket had a fairly subdued day as concerns about any inflation impacts from...
Headliner NZX Market Report 15.7.26
Against the background of rising fuel prices – as the tension in the Persian Gulf tightened up oil...
Headliner NZX Market Report 14.7.26
The spotlight was back on the deteriorating situation in the Persian Gulf, after an unexpected...
Headliner NZX Market Report 13.7.26
The NZ sharemarket opened the trading week rather lamely today with the NZX50 sinking 62.47 points...
Headliner NZX Market Report 9.7.26
The NZX market has cruised into the weekend with a strong session on Thursday, having had the air...
Overseas Sharemarkets
US equity markets move upwards
15.7.26 American financial markets exhaled outwards overnight in a softer inflation report and a...
Trump declares ceasefire deal done
Monday 15.6.26 News from Washington DC that the outline of a peace agreement between the US and...
US stocks at record levels
28.4.26 Oil prices continue to climb, with Brent crude nearing USD110 per barrel, as the Strait of...
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...
Beef and lamb prices driven by supply
27.6.26 Beef prices are rising again at the farmgate, after the briefest of seasonal lulls and...
GDP growth in economy in 3Q26
19.6.26 GDP figures confirm the economy had real momentum at the beginning of this year, Finance...
Confidence bumpy – help on the way
17.6.26 Consumer confidence fell sharply over the past few months as the impacts from the war in...
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Weekly economy and markets round-up from Westpac Chief Economist Kelly Eckhold
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