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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...
Precinct to return surplus capital
30.10.26 Higher funding costs and return requirements mean Precinct Properties will not be proceeding with the redevelopment of the Downtown carpark. Instead, it will deliver a surprise Christmas present to shareholders. CEO Scott Pritchard says the project “does not...
Precinct parks up Downtown project
Precinct Properties Group will not progress the Downtown Car Park development under current market conditions, the company told NZX this morning. This is despite Precinct making “significant progress on Downtown, securing resource consent, appointing Built on an early...
Fonterra lifts milk price forecast
30.10.26 Fonterra Co-operative Group Ltd has increased the midpoint of the 2026/27 season forecast Farmgate Milk Price from $9.50 per kgMS to $9.75 per kgMS. The Co-operative has also lifted and narrowed the forecast range from $8.50 - $10.50 per kgMS to $9.00 -...
Headliner NZX Market Report 29.10.26
The NZ sharemarket had a positive day’s trading following yesterday’s Official Cash Rate setting unchanged. The NZX50 gained 18.84 points to 13,710.17 with 50 gainers to 31 decliners. The ASX All Ords jumped across the 9000 threshold with a 41.20 points move to...
Smart pace set by South Port in first quarter
28.10.26 South Port’s record performance in FY26 underpinned by the strength of the Southland economy has been followed by a strong start to FY2 Both cargo volumes and earnings increased materially in FY26, driven by higher agricultural activity, solid export demand,...
Tauranga releases Rolleston property
28.10.26 Port of Tauranga has sold its property at 5 Baltimore Drive, Rolleston, for $57 million. The sale forms part of Port of Tauranga’s capital recycling programme, which seeks to unlock value from non-core property assets and reinvest capital into strategic...
Headliner NZX Market Report 28.10.26.
The national sharemarket has had a steady session today with the NZX50 edging 11 points upwards to 13,691 on the NZX50 index. In Australia the ASX All Ords firmed 2.60 to 8971 and in the US all markets had a positive session overnight. The Dow Jones gained...
Central bank MPS sits tight on Cash Rate
28.10.26 To general surprise across the banking sector, the Reserve Bank’s Monetary Policy Committee today voted 4 - 3 to hold the Official Cash Rate at 2.75% There was widespread expectation (with a few exceptions among economists and commentators) that the OCR would...
Market Trends
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...
Headliner NZ Market Report 27.10.26
The NZX market had a soft trading session today with several heavyweight stocks losing...
Headliner NZX Market Report 22.10.26
The NZ sharemarket fell slightly in trading today after the September quarter CPI release....
Headliner NZX Market Report 21.10.26
The NZ sharemarket had a bright session today with annual meetings held by Skellerup and...
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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