The Latest
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...
Marketweek: NZ economy picking up a gear
19.9.26 WARREN HEAD New Zealand’s equity investors are beginning to see the spring upturn in share prices being sustained after a positive tone to the recent results season, a cautious start to OCR tightening, and signs that the economy is lifting out of a flat...
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 a recovery still building – as is the case almost everywhere except in the USD. But enough for sharemarket investors to feel more confident. The NZX 50 closed the session...
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 senior economist Michael Gordon. He said growth tends to be understated in June quarters, suggesting an underlying growth pace of around 0.5% over recent quarters. Goods...
Clutha scheme storage increases
17.9.26 Contact Energy’s latest report on the energy position shows South Island controlled storage was 166% of mean and North Island controlled storage was 84% of mean as at September 13. Clutha scheme storage was 138% of mean. Inflows into Contact’s Clutha...
Market Trends
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...
Headliner NZX Market Report 15.9.26
Equity markets back-tracked on Tuesday as governments came out to steady nerves around the...
Headliner NZX Market report 14.9.26
Weeks after the first signs that a major US developer of A.I microchips had cold feet over...
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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