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Stable situation in fuel stocks
6.4.26 Today’s fuel stocks update by MBIE showed that as of last Wednesday evening, there were 61.9 days of petrol, 51.5 days of diesel, and 50.1 days of jet fuel. This is compared to 58.7 days of petrol, 52.2 days of diesel and 46.2 days of jet fuel, in a prior...
MARKETWEEK: NZX market holds a tight trajectory
Lift-off for Artemis II --- // Warren Head // The New Zealand sharemarket is running at a nice relaxed pace, not super quick nor super slow, and clearly not panicked by what may be an impending cost shock as the oil and gas supply chain feels the squeeze from...
Headliner NZX Market Report 2.4.26
The NZX market finished the short trading week on an upwards trajectory, as investors locally caught up with the gains being made on US markets. The NZX50 climbed 76.28 points to 12,902.15, against the backdrop of oil prices rocketing higher, gold sagging, US...
KMD placement and insto offer completed
2.4.26 KMD Brands has successfully completed its $6.8 million underwritten placement and the institutional component of its approximately $58.5 million fully underwritten 1 for 0.73 pro-rata accelerated renounceable entitlement offer, as announced on Tuesday The...
Govt to help fund fuel storage at Marsden Pt
The Government will enter into an agreement to support an additional 90 million litres of storage for diesel at Marsden Point in Northland to boost New Zealand’s fuel resilience as the Middle East conflict continues to impact global fuel supplies, Regional Development...
Synlait sells Pokeno to Abbott
2.4.26 Synlait Milk has completed the $307 million (US$178 million) sale of its North Island assets to global healthcare leader Abbott. CEO Richard Wyeth said “This is an important turning point for Synlait. It will strengthen and simplify our business while giving us...
Headliner NZX Market Report 31.3.26
The NZX market backed up today and steadily climbed to a positive finish 63 points higher at 12,912.11 on the NZX50 Gross Index. The Aussie market was also brighter, the All Ords index gaining 32.40 to 4589.90. Overnight the US market twisted and...
Heavily discounted equity raise by KMD Brands
31.3.26 KMD today announced an approximately $65.3 million fully underwritten equity raising. The offer comprises: a fully underwritten placement (“Placement”) of new fully paid ordinary shares to eligible institutional shareholders and new institutional investors to...
KMD Brands sales uplift but net loss
31.3.26 KMD Brands Ltd released its interim results - for the six months ended January 31 – today, along with details relating to a $65.3 million fully underwritten equity raising and refinancing of its debt facilities. Group sales were up +7.3% to $505.4 million but...
Fonterra completes sale of Mainland
31.3.26 Fonterra Co-operative Group Ltd today completed the sale of its global consumer and associated businesses, Mainland Group, to Lactalis. Chairman Peter McBride says the completion of the sale is a significant milestone which sets the Co-op up for the...
Market Trends
Headliner NZX Market Report 2.4.26
The NZX market finished the short trading week on an upwards trajectory, as investors...
Headliner NZX Market Report 31.3.26
The NZX market backed up today and steadily climbed to a positive finish 63...
Headliner NZX Market Report 30.3.26
The fall-out from the oil crisis sparked by the Iranian War continues to spread with regional...
Headliner NZX Market Report 27.3.26
New Zealand equities tracked the US markets downwards on NZX today, with the NZX50 gross...
Headliner NZX Market Report 26.3.26
The NZ sharemarket fell into line with the US market uplift overnight and closed up 47.69...
Headliner NZX Market Report 25.3.26
Markets played catch the latest newsflash from Truth Social again today with Wall Street...
Overseas Sharemarkets
Headliner NZX Market Report 2.4.26
The NZX market finished the short trading week on an upwards trajectory, as investors...
Headliner NZX Market Report 27.3.26
New Zealand equities tracked the US markets downwards on NZX today, with the NZX50 gross...
Headliner NZX Market Report 26.3.26
The NZ sharemarket fell into line with the US market uplift overnight and closed up 47.69...
Stable situation in fuel stocks
6.4.26 Today’s fuel stocks update by MBIE showed that as of last Wednesday evening, there were...
NZ fuel stocks remain ‘healthy’
25.3.26 The fuels price spike and associated supply disruption from the Middle East war remains a...
SITUATION REPORT: Oil up, markets down
27.3.26 Ceasefire negotiations between the US and Iran appear to have stalled - if they...
Oil rises and NZ dollar ebbs
27.3.26 Oil prices, the US dollar, and bond yields all rose amid market scepticism that a...
RBNZ vigilant on Inflation spike risk
26.3.26 The Reserve Bank of New Zealand (RBNZ) is well positioned to handle the challenges to...
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