MARKETWEEK: NZX market unfazed by higher OCR
NZ economy becalmed but may catch a tailwind in 2nd half -year 11.7.26 // WARREN HEAD // Equity markets have had a twitchy trading week following the apparent end of the fragile ceasefire in the Persian Gulf War as oil prices spiked before tapering back. A torrent of oil has escaped from the Gulf during the brief period if the ceasefire. But the major commercial shipping lines will shy away as Iran seeks...
Headliner NZX Market Report 9.7.26
The NZX market has cruised into the weekend with a strong session on Thursday, having had the air cleared by the Reserve Bank’s tiny 25 basis points lift in the official cash rate yesterday. The incremental approach has gone done well with equity investors – gone are the large OCR movements of the Covid era and in play some cool-headedness related to getting in front of any 2027 inflationary impetus. The NZX50 reflected a contest between gainers and decliners (as we have seen all week);...
Headliner issue 9 July on site. Access from Home page
The latest edition of The Headliner, dated 9 July 2926, is now on site. Access from Home page
Headliner NZX Market Report 8.7.26
Equity markets pulled back today as maritime conditions in the vicinity of the Strait of Hormuz deteriorated. Iran attacked three commercial vessels sailing near the coast of Oman and also at US bases in Kuwait and Bahrain. The US Central Command confirmed it had made retaliatory air attacks on Iranian coastal assets. The NZX50 index backed away from the record levels set earlier this week, today dropping 97.61 points or ).71% at 13,665.18. In Australia the ASX All Ords fell below the 9,000...
Reserve Bank moves off ultra-low OCR
8.7.26 The Reserve Bank lifted the Official Cash Rate (OCR) 25bp to 2.50% today. The the decision was reached by consensus among the members of the Monetary Policy Committee. Banking economists had been at variance leading up the decision. The BNZ commented at the start of the day "The RBNZ is widely expected to begin its tightening cycle today with a 25bp OCR increase to 2.50%, although a small minority of economists expect no change. Assuming the Bank delivers, the accompanying messaging...
Taiko raises new capital
8.7.26 Tāiko Critical Minerals has completed a $7 million equity raising by way of a placement to wholesale investors. These funds will provide working capital as the company advances the Barrytown Minerals Project in Westland through definitive feasibility, Fast-track consenting, OIO approval and towards construction. The company is now opening a share purchase plan to be offered to eligible New Zealand shareholders with an issue price of $0.25 per share, capped at $50,000 per shareholder....
Mineral sands miner raises capital
8.7.26 Tāiko Critical Minerals has completed a $7 million equity raising by way of a placement to wholesale investors. These funds will provide working capital as the company advances the Barrytown Minerals Project in Westland through definitive feasibility, Fast-track consenting, OIO approval and towards construction. The company is now opening a share purchase plan to be offered to eligible New Zealand shareholders with an issue price of $0.25 per share, capped at $50,000 per shareholder....
Headliner NZX Market Report 7.7.26
The NZX sharemarket had a very quiet session today as storms swept New Zealand and many Kiwis were travelling on holidays. The major news of the day was the lapse of the Floorscape scheme of arrangement for Bremworth, after the board recognised no need to extend the Scheme timeline following shareholder resistance reaching 38% opposed. A group of shareholders representing in aggregate approximately 38% of shares, including interests associated with David Ferrier, as well as the Timpson,...
a2 Milk updates on supply chain and outlook
7.7.26 The a2 Milk Company has provided a supply chain update in relation to its China infant milk formula (IMF) business and an update on its preliminary unaudited FY26 results. Supply chain update On 13 April 2026, the company provided a Trading, Supply Chain and Outlook update that noted shortfalls of China label IMF product at distributors and retailers that would materially impact in-market product availability during 4Q26. These product shortfalls were due to a number of factors,...
Ian Morrice joins Warehouse board
7.7.26 KMD Brands has appointed Ian Morrice as an independent non-executive director to the board, effective 20.8.26 following the board renewal process announced in May 2026. Mr Morrice brings more than 30 years of senior leadership, business transformation and strategic advisory experience across the retail, consumer and wholesale sectors in New Zealand, Australia, the United States and United Kingdom. He is best known for his leadership of large publicly listed businesses, including as...
