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Headliner Market Report 24.2.26
The New Zealand sharemarket had another strong trading session, aided by some positive reports. The NZX50 closed up 111.85 points at 13,152.31. In Australia the ASX All Ords eased slightly, -7.20 at 9244.30. American markets were in a tizzy, baffled by the erratic use...
Mercury reinvesting in renewables
24.2.26 Mercury has delivered a strong 1H26 performance and continued to invest in renewables at scale, with half ($270 million) of the company’s 1H26 earnings reinvested in new and existing generation assets. EBITDAF of $537 million was up 28% on HY25, and up $119...
Genesis completes $100m placement
24.2.26 Genesis Energy has successfully completed the bookbuild for the underwritten placement of $100 million at a price of NZ$2.15 per share as part of its $400 million equity raise announced on February 23. Malcolm Johns, Genesis’ Chief Executive said, “The...
Improved interim for PGG Wrightson
24.2.26 Rural services group PGG Wrightson has delivered a positive and improved performance in the first six months of the financial yea. PGW chair John Nichol noted “a generally supportive market environment across the export sector for New Zealand’s primary...
Headliner Market Report 23.2.26
The national sharemarket is showing increased confidence including the emergence of significant capital raises. Genesis Energy is undertaking an equity raise of NZ$400m to accelerate its pipeline of growth opportunities. An underwritten placement of $100m at a price...
Fisher & Paykel Healthcare update
23.2.26 Fisher & Paykel Healthcare Corporation has updated its revenue and earnings guidance for the financial year ending 31 March 2026. The full-year guidance previously provided on 29 November 2025, based on a NZ:US exchange rate of 57 cents, was for operating...
Stronger half year for Chorus
Chorus today reported a robust financial performance for the six months ended 31 December 2025 (HY26), underpinned by continued fibre growth, efficiency and simplicity gains, and strong capital discipline as it transitions to an all-fibre network operator. Operating...
Record opening half for Genesis Energy
Genesis Energy Limited has driven a record first‑half normalised EBITDAF of NZ$307 million for the six months ended 31 December 2025. This result demonstrates the strength and resilience of Genesis’ diversified portfolio of assets and the Company’s ability to...
THL drives higher in first half
Tourism Holdings has posted an improved half year result and sees 2026 as a transition year for the company. THL has reported for the December half-year: 17% increase in statutory net profit after tax (NPAT) to $29.6 million - 11% increase in underlying NPAT to $29.5...
MARKETWEEK: Market results lean into a turnaround
Auckland Airport Arrivals 21.2.26 // Warren Head At the end of a mixed week of corporate results, and an encouraging tone from the Reserve Bank, the NZX equity market brought improved prices from a wide range of stocks. Despite a soft finish to the trading...
Market Trends
Headliner Market Report 24.2.26
The New Zealand sharemarket had another strong trading session, aided by some positive reports....
Headliner Market Report 23.2.26
The national sharemarket is showing increased confidence including the emergence of significant...
Headliner Market Report 19.2.26
The NZ sharemarket continued to progress on its recovery track today helped along by some string...
Headliner NZ Market report 18.2.26
The NZ equity market responded positively to today’s first OCR statement from new RBNZ...
Headliner Market Report 17.2.26
The slow descent in value of NZX securities continued today with a further 86.29 erased...
Headliner Market Report 16.2.26
The bounce in share price of two of the three major companies reporting interim results today...
Overseas Sharemarkets
Headliner NZX Market Report 11.2.26
Major stocks sold off on NZX today but the market kept the overall impact to only a...
Wild swings in gold and silver
3.2.26 In overnight trading, gold and silver fell to fresh lows before showing decent bounces and...
Headliner NZX Market Report 15.1.26
A soggy day across the country was replicated on NZX, with the NZX50 index slipping 97.92...
Cash Rate steady on 2.25%
With the economy at an early stage in its recovery, the Reserve Bank decided to hold the Official...
Flat month in US retail
11/2/26 Softer than expected US retail sales supported the case for Fed rate cuts which...
Fletcher exiting construction sector
20.1.26 Fletcher Building made the stunning announcement today that it Is getting out of...
Employment confidence has small lift
Employment confidence rose by 3.9 points to 93.8 in the December quarter, according to the...
MARKETWEEK: 2026 may produce more of a canter
3.1.126 // Warren Head // __ During a demanding 2025 when the mediocre pace of economic...
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