The Latest
Headliner NZX Market Report 25.9.26
The national sharemarket slipped into the weekend on a softer note with the NZX50 down 13.74 points to 13,811.11 on Friday trading. There was a similar fading on ASX where the All Ords drifted 51.40 points lower at 8,845.60, while in the US markets were mixed...
Fonterra FY26 result hits top bar
24.9.26 New Zealand’s biggest exporter dairy Fonterra Co-operative Group Ltd has delivered $27 billion in revenue in its 2026 financial results and nearly $20 billion in cash returns to New Zealand farmer owners and unit holders. Reported operating profit was $3.4...
Headliner NZX Market Report 23.9.26
The New Zealand sharemarket has had a soft day’s trading with some profits s taken off the table and a leading retailer announcing a major write-down. The NZX50 shrank by 51.72 points at 13,821.76 while in Australia the ASX All Ords index edged 5 points higher...
Writedown by KMD Brands
23.9.26 KMD Brands stunned its investors today with a major writedown that depressed the reported net results for the July year into the fed. Group sales were up +6.5% to $1,053.0 million. Gross margin increased +1.2% of sales to 57.7%. Underlying operating expenses...
Rua Bioscience making rights issue
221.9.26 Rua Bioscience has announced an offer to existing shareholders to participate in a renounceable rights issue of 1 new share for every 3 existing shares to raise up to $2.8m. FY26 marked an important period of meaningful commercial progress for Rua. “Our...
Headliner NZX Market Report 22.9.26
The NZ sharemarket coat-tailed the surge on Wall Street overnight where technology and semiconductor stocks, romped higher, taking the Nasdaq to a new record, +2.0% at 27,122.09 – 599.55 points higher. Meta shares climbed 11.3% with interest in its new personal AI...
Little change in upcoming PREFU?
22.9.26 The Pre-election Economic & Fiscal Update (PREFU) is likely to show a similar outlook to Budget 2026. “But given current economic and political uncertainties, clarity about the medium-term outlook may not emerge until the release of Budget 2027,” comments...
Weak bounce in labour market
22.9.26 The Westpac-McDermott Miller Employment Confidence Index (ECI) rose by 3.2 points to 86.3 in the September quarter. This followed a 12.5 point fall in the June quarter, and leaves the ECI close to its lowest levels on record going back to 2004. “As with our...
Headliner NZX Market Report
The NZ sharemarket had a strong start to the week today, adding 82.06 points on the NZX50 Gross Index which closed at 13,821.20. In Australia the ASX All Ords index closed down 36 points at 8914.10. WTI oil traded at US$94.49 a barrel today. Brent crude traded at...
Fonterra revises milk price forecast
21.9..26 Fonterra Co-operative Group has revised its forecast Farmgate Milk Price midpoint for the 2026/27 season and narrowed its forecast range This move is reflecting “recent improvements in global dairy commodity prices while retaining a prudent approach to the...
Market Trends
Headliner NZX Market Report 25.9.26
The national sharemarket slipped into the weekend on a softer note with the NZX50 down...
Headliner NZX Market Report 23.9.26
The New Zealand sharemarket has had a soft day’s trading with some profits s taken off the...
Headliner NZX Market Report 22.9.26
The NZ sharemarket coat-tailed the surge on Wall Street overnight where technology and...
Headliner NZX Market Report
The NZ sharemarket had a strong start to the week today, adding 82.06 points on the NZX50 Gross...
Headliner NZX Market Report 17.9.26
Slender that it was, a blip of GDP growth indicated around a 2% + rate for a full year and...
Headliner NZX Market Report 16.9.26
The NZX sharemarket shrugged off 4 days of negative performance with a 138.50 point jump to...
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...
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...
Clutha scheme storage increases
17.9.26 Contact Energy’s latest report on the energy position shows South Island controlled...
Reserve Bank increases cash rate
The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to...
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