The Latest
Positive FY27 guidance by PGG Wrightson
13.10.26 Noting favourable market conditions that have put New Zealand agriculture in the strongest position in years, the Canterbury-based rural service group PGG Wrightson, expects rising profitability in FY27. The company’s chair, John Nichol, has provided...
Headliner NZX Market Report 12.10.26
The NZ sharemarket sprinted ahead today on re0-opening for the new trading week, the NZX50 Gross index gaining 78.27 through the session to close at 13,827.62 this evening. There were 30,619,770 ords traded and value struck closed at $124.24m The ASX All Lords also...
2nd quarter bounce by Ryman
10.10.26 Ryman Healthcare shares rose 7% on NZX today after the retirement village operator popped out a positive market quarterly update on sales and resales volumes. The company’s shares rose 12c to $1.83 in reaction. Ryman reports 379 sales of retirement living...
2 Cheap Cars to delist from NZX
12.10.26 Sena & Co has given a compulsory acquisition notice and commenced the process under the Takeovers Code to compulsorily acquire all the remaining shares that were not accepted under the offer launched on 27.7.26. Sena & Co made a full takeover offer to...
MARKETWEEK: Blue chips pull market higher
10.10.26 Warren Head Sharply higher oil prices and the resultant inflation pressures they cause have been providing a robust platform for increased yields on medium to longer bonds in several markets. On the other side of the street, equity markets have moved higher...
Headliner NZX Market Report 7.10.26
The trading week ended on a high for the NZ sharemarket today despite the week also brining a peak price for petrol in the NZ economy. The NZX50 Gross Index ended at 13,749.35, up 57.10 with 46 gainers to 40 decliners recorded. Volume slipped to 28,209,790 and...
Headliner NZX Market Report 7.10.26
The NZ sharemarket had a relatively quiet day, with total value traded at $146.24m but falls totalling 44 to 41 gains on the NZX. The NZX50 eased by 16.04 points to 13,684.04, with several heavyweight losing ground. EBOS fell 23c at $18.90, Freightways shed 30c...
South Island rents making leap
6.10.26 Latest data from realestate.co.nz shows the national average weekly rent reached $636 in September, up just 1.9% compared with the same month last year. But across much of the South Island, rental price growth was considerably stronger. Five South Island...
Tower updates FY26 guidance
6.10.26 Kiwi insurer Tower (NZX/ASX: TWR) has revised its FY26 underlying net profit after tax (underlying NPAT) guidance for the year to 30,9.26 Based on preliminary, unaudited results, Tower now expects FY26 full-year underlying NPAT to be between $69m and $79m,...
AFT Pharma on track to $300m target
6.10.26 AFT Pharmaceuticals (NZX: AFT; ASX: AFP), New Zealand’s largest domestic pharmaceuticals company, has announced sustained double-digit revenue growth for 1H FY27. It also reports it remains on track to deliver its FY27 $300 million revenue target and operating...
Market Trends
Headliner NZX Market Report 12.10.26
The NZ sharemarket sprinted ahead today on re0-opening for the new trading week, the NZX50 Gross...
Headliner NZX Market Report 7.10.26
The trading week ended on a high for the NZ sharemarket today despite the week also brining...
Headliner NZX Market Report 7.10.26
The NZ sharemarket had a relatively quiet day, with total value traded at $146.24m but...
Headliner NZX Market Report 5.10.26
A quiet start to the trading week but not unexpected with a small flow of company news, and...
Headliner NZX Market Report 2.10.26
Share trading on NZX softened into the close of the market for the wee3kend, with the NZX50...
Headliner NZX Market report 1.10.26
Most equity markets had a dismal trading day and the NZX was no exception....
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...
Videos
Weekly economy and markets round-up from Westpac Chief Economist Kelly Eckhold
Markets
NYSE-Nasdaq Markets
