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US ELECTIONS COMMENT: Market shock then S&P 500 surge forecast
OPINION 4.11.26 Markets face days of turmoil after Donald Trump lost Congress, followed by an S&P 500 surge, predicts the CEO of deVere Group, in London. The bullish prediction from Nigel Green comes as Democrats swept both chambers, flipping six Republican-held...
Headliner NZX Market Report 4.11.26
Trading was fairly mixed on the NZ sharemarket today. On NZX today the NZX50 gained 63.19 at 13,783.45. There were 29 gainers and 45 decliners. The negative economic news of the day was data confirming a rise in the unemployment level to 5.7%. In Australia the ASX All...
WasteCo attracts Singapore group
4.11.26 Singapore incorporated Navaa Holdings Pte Ltd has made an initial investment of $3m into NZX-listed Wasteco as it builds towards securing a 560.01% stake in the New Year. WasteCo advised NZX today that it has issued 287,714,754 new shares in WasteCo to Navaa...
RBA increases Aussie cash rate
The Reserve Bank of Australia board today decided to increase the Aussie cash rate target by 25 basis points to 4.85% Inflation remains elevated and recent data indicate that it is broadly based, said the RBA. The inflation outlook has also been revised materially...
Headliner NZX Market Report 3.11.26
The NZ sharemarket made headway today with the NZX50 rising 21.63 points to 13,720.26. In Australia the ASX All Ords firmed 31.70 points to 9008.90 although dual listed ANZ Bank shares lost 50c to NZ$50.00. In the United States market were mixed as the crucial...
Headliner NZX Market Report 3.11.26
The NZ market opened the new trading week – the last before the general Election – on a fairly passive not. The NZX50 fell 98.37 at 13,698.63. Voters have already turned out strongly in advance voting around the country, but there was voter confusion over the...
Ambititious new strategy at Warehouse Group
2.11.26 The Warehouse Group today released its new strategy at its 2026 Investor Day, and set out how it plans to build “exceptional retail brands and deliver improved and sustainable shareholder returns.” The group has set an ambitious target to achieve $100 million...
Solid level year for Westpac
2.11.26 Westpac has reported a solid financial result for FY26, with net interest incomes level at $19.69bn (FY25 $19.47bn). Net profit, excluding notable Items, was broadly unchanged at $7.0 bn while pre-provision profit increased 4% to $10.9 bn and net profit...
MARKETWEEK: NZ market steady while Wall St wobbles
// Warren Head Memories of precious routs in October were triggered this week as the American financial markets trembled just a few days prior to one of the more important mid-term elections in years. The drivers...
Headliner NZX Market Report 30.10.26
The New Zealand sharemarket closed the shortened trading week with a flurry of month end activity, with value traded rising to $160.4m and 34.37 million shares traded. The NZX50 ended the week with a Friday rise of 86 points to 13,747.00. In Australia the ASX All Ords...
Market Trends
Headliner NZX Market Report 4.11.26
Trading was fairly mixed on the NZ sharemarket today. On NZX today the NZX50 gained 63.19 at...
Headliner NZX Market Report 3.11.26
The NZ sharemarket made headway today with the NZX50 rising 21.63 points to 13,720.26. In...
Headliner NZX Market Report 3.11.26
The NZ market opened the new trading week – the last before the general Election – on a...
Headliner NZX Market Report 30.10.26
The New Zealand sharemarket closed the shortened trading week with a flurry of month end activity,...
Headliner NZX Market Report 29.10.26
The NZ sharemarket had a positive day’s trading following yesterday’s Official Cash Rate setting...
Headliner NZX Market Report 28.10.26.
The national sharemarket has had a steady session today with the NZX50 edging 11 points...
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...
Central bank MPS sits tight on Cash Rate
28.10.26 To general surprise across the banking sector, the Reserve Bank’s Monetary Policy...
An eye on tomorrow’s CPI
21.10.26 The Q3 CPI will be released at 10:45am on Thursday 22 October, marking the last major...
Little change in upcoming PREFU?
22.9.26 The Pre-election Economic & Fiscal Update (PREFU) is likely to show a similar outlook...
Weak bounce in labour market
22.9.26 The Westpac-McDermott Miller Employment Confidence Index (ECI) rose by 3.2 points to 86.3...
NZ GDP shows economy held ground
17.9.26 The June quarter 0.2% rise in New Zealand’s GDP was in line with forecast, says Westpac...
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