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Positive 1Q25 for Briscoe Group
Briscoe Group informed shareholders at yesterday’s annual meeting that unaudited sales for the first trading quarter ended 26.4.26 (91 days) were $180.8 million, an increase of 1.37%. First quarter sales for the Group’s homeware segment increased by 1.98% to $105.7...
Conditional sale of Laminex by Fletcher
8.5.26 Fletcher Building advises that its Laminex AU business unit has entered into a conditional agreement to sell its property located in Cheltenham, Melbourne, Australia, to Forza Capital for A$53.8 million. Completion of the sale is conditional upon Forza’s...
Headliner NZX Market Report 7.5.26
The NZ sharemarket had a bright trading session that ended 125.41 points higher on the NZX50 at 13,270.61 (+0.95%) . In Australia the ASX All Ords gained 90.90 (+1.01%) at 9107.00. ANZ Bank shares rose 37c to $45.42 and Westpac 99c to $48.49. EBOS riose 49c to...
OIC consents land deals for mine
7.5.26 New Zealand’s Overseas Investment Office (OIO) has granted consent for Santana’s wholly owned local subsidiary Matakanui Land Ltd to purchase land at Bendigo Station and Ardgour Station in Central Otago. The areas are: 797 hectares of Bendigo Station, that will...
Me Today upgrades guidance
7.5.26 Me Today now expects gross revenue for the year ended 30 June 2026 to exceed $7.4m, an increase of 27% on the year ended 30 June 2025 and an increase of 14% on the guidance provided in February. The expected increase in gross revenue comes from growth in the...
Headliner NZX Market Report 6.5.26
The NZ sharemarket climbed higher for a fifth consecutive day since the start of the month, reaching 13,145.19, up 109.49 or +0.84%, again propelled by large gains The ASX All Ords also reflected a strong trading session, gaining 112.50 to 9,016.10. There were...
New projects on track for Channel
The proposed 93 million litre New Zealand Government diesel storage facility at Marsden Point energy precinct is on track for completion by May 31, Channel Infrastructure chairman James Miller told shareholders at the annual meeting of the company this week. This is...
CDC signs 555MW data centre deal
6.5.26 CDC Data Centres (CDC, 49.7%-owned by Infratil) has secured the largest data centre contract in Australia’s history, a 555 megawatts (MW) deal that takes its total contracted capacity to over one gigawatt. The 30-year contract is with a United States high-end...
Ventia a standout after contract awards
5.5.26 Ventia Services was the standout stock on NZX today as the market responded positively to the news that the dual-listed Aussie contractor has been awarded contracts by the Victorian Department of Transport and Planning (DTP) to deliver road maintenance services...
Gentrack guidance shock for market
5.5.26 A guidance update by Gentrack advising that it would prioritise growth over earnings was unwelcome news on NZX today. Only a few days ago, Gentrack made positive news with a report on a targeted acquisition in Dubai that holds good promise for long-term...
Market Trends
Headliner NZX Market Report 7.5.26
The NZ sharemarket had a bright trading session that ended 125.41 points higher on the...
Headliner NZX Market Report 6.5.26
The NZ sharemarket climbed higher for a fifth consecutive day since the start of the month,...
Headliner NZX Market Report 5.6.26
A guidance update by Gentrack advising that it would prioritise growth over earnings...
Headliner NZX Market Report 4.5.26
The NZ sharemarket has remained on a higher trajectory again today, pushing 58.48 points...
HEADLINER NZX Market Report 1.5.26
The NZ sharemarket joined other markets in taking a strong step upwards today, following...
Headliner NZX Market Report 30.4.26
End of the month topping up by investors, some premature enthusiasm around fuel supply and...
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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