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MARKETWEEK: Wall Street wobbles into weekend
6.6.26 Warren Head The gloss achieved by New Zealand equities over the summer continues to get rusty as the economy’s recovery remains stalled by events beyond domestic political control – no different from most other countries as spectators to an unexpected...
HEADLINER NZX MARKET REPORT 5.6.26
The trading week on NZX finished on a recovery note with the NZX50 gaining 60.36 points to 13,161.97. Mainfreight muscled to the top of the gainers list with a 70c upwards jolt to land on $63.21. EBOS gained 61c to $20.11, Fisher & Paykel Healthcare rose...
Meridian gets draft approval on storage
Meridian Energy has welcomed the Fast-track Panel’s draft decision proposing the easing of access restrictions on Lake Pūkaki hydro storage for a three-year period. Meridian sought approval under the Fast-track Approvals Act to allow access to water stored...
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...
Market Trends
HEADLINER NZX MARKET REPORT 5.6.26
The trading week on NZX finished on a recovery note with the NZX50 gaining 60.36 points to...
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...
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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