Blackpearl update shows rebalancing
Blackpearl Group has provided an update for the first quarter of FY27 (ended 30 June), showing new reporting measures. Blackpearl now reports against three key measures: growth (ARR), EBITDAF forecasting and technology advantage measurement, the latter two introduced this quarter alongside the Group’s established metrics. Q1 delivered the planned rebalancing from top-line growth toward bottom-line performance, Growth (ARR): $27.2m, up 95% YoY and 2% QoQ, modest sequential growth by design to...
HEADLINER NZX Market Report 27.7.26
The NZX market made a solid start to the trading week, despite the weekend lift in local fuel costs flowing from the higher crude prices for oil over the past week. There was a calmer tone to oil markets today after the halt to mutual attacks by the US and Iran: WTI traded down 5.25% at US$84.62 and Brent crude was down 5.1% at US$91.88/ bbl. The NZX50 closed up 24.09 points at 13,796.38, even though falls out-numbered gains 45 to 38. In Australia the ASX All Ords jumped 110.60 to close at...
Govt releasing funds for Golden Bay deal
27.7.26 Fletcher Building advised that following the signing of a Grant Funding Agreement (GFA) between Golden Bay Cement and the New Zealand Government on 20.7.26 that it has now satisfied the conditions of the GFA. As a result, the Government has approved the release of the grant funds, which have been used by Golden Bay Cement to acquire New Zealand Units (NZUs). The acquisition of these NZUs secures the continued operation of Golden Bay Cement’s domestic cement manufacturing facilities...
MARKETWEEK: Broader bullish tone showing
25.7.26 // WARREN HEAD Reluctant to just mindlessly follow a blind ‘lead’ from Wall Street from the previous night, investors on NZX have held their cool and seen a better week. Yes, inflation bumped up above 4% and every analysts/economist is already engraving the trophy for an increase in the Official Cash Rates in September. Another cost of living hike in the form of higher fuel costs is just over the...
HEADLINER NZX Market Report 24.7.26
There was an alarmed reaction by investors to higher oil prices following the Houthi attacks on Saudi oil tankers in the Gulf of Aden in midweek. Brent crude topped US$100 a barrel with a 7% overnight jolt, before easing off to US$98.64bbl this evening NZT, while West Texas Intermediate jumped to IS$90.60/bbl. The price surge may suggest higher internal prices for petrol and diesel – but there is a substantial supply of oil sloshing in world markets at present. Gold eased US$1.40/oz to...
Property market more measured
24.7.26 New Zealand's property market continues to prove remarkably resilient despite ongoing economic uncertainty, says Mark Harris, managing director of Sothebys International Realty. Commenting on the company’s New Zealand Property Pulse Report for 2Q26, he says, ”The renewed market momentum of late 2025 and early 2026 has given way to a steadier market, as domestic economic conditions and global events keep buyers cautious. “Activity has eased and buyers are serious but taking their time,...
Headliner NZX Market Report 23.7.26
The NZX market continued to hold forward momentum today, with the NZX50 index up 32.13 points to 13,795.31. In Australia the ASX All Ords index rose 13.20 to 9018.10 Mainfreight moved 25c lower at $63.75 and EBOS was off 20c at $231.909, while a2 Milk shed 14c at $8.39. Two listed ports lost some ground: Napier Port down 10c at $3.63 and South Port -10 at $8.40. Australian banks led the rally: ANZ gaining 80c to $43.50 and Westpac up 88c at $44.20, +2%. Freightways forged 45c ahead to...
Headliner NZX Market Report 22.7.26
Equity markets climbed high today despite new tensions in the Middle East forcing the price of Brent crude oil above US$90/bbl. The New Zealand market tucked in behind a bullish session on Wall Street to record a 107 point rise by the S&P NZX50 Gross Index at 13,673.18. In Australia the ASX All Ords was up 28 points to 9004.90. The US market saw stocks rally across all leading markets, the Dow Jones Industrial rising 386 points at 52,224.64, while Nasdaq jumped 329 points at 25,837.21. ...
Mixed trading by KMD Brands
KMD Brand updated the market on trading performance for FY26 and progress against the Next Level strategy. Group sales in FY26 expected to be in the range of $1,040m to $1,044m (up +5% at midpoint on FY25). Direct-to-consumer same store sales (including online) year on year (“YoY”) on a constant currency basis for the first 24 full weeks of the second half: • Kathmandu +4.8%. Kathmandu sales continue to improve year on year relative to Q4 FY25, led by a strong performance in the rainwear,...
Headliner ASX Market Report 21.7.26
Concerns that fuel prices may move higher than they have in recent days helped to check enthusiasm on NZX today. Another negative factor was the annualised CPI rate of 4,1% following a blip upwards. Fuel prices are a significant driver but other costs such as in construction materials and accommodation were also factors. The assumption is that higher inflation will persuade the RBNZ to impose a further hike in the Official Cash Rate at its September monetary policy meeting. The mixed...
