Headliner NZX Market Report 7.8.26
The NZ sharemarket closed for the week on a sluggish note, following another night of indices falls on Wall Street, and impacted by a sharp decline by F & P Healthcare.. The global price for WTI crude oil was at US$77.57 / bbl. Gold soared US55.40 at US$4,355 an oz. The NZX50 fell 133 points to 13,824.13, with 52 decliners to 30 gainers. Auckland Airport fell 22c to $8.76, Mainfreight 67c to $69.33 and Westpac dropped 512c at $45.58. ANZ traded down 33c to $45.17. EBOS shed 16c to...
Headliner NZX Market Report 6.8.26
With some US markets sliding overnight as the financial market community awaited further news around the status of Middle East negotiations, the NZ market also stepped back today,. The NZX50 fell 39.12 at 13,958.06, while in Australia the ASX All Ords moved 46.50 points upwards at 9451.00. The US markets were mixed with the Dow Jones gaining 263.24 at 54,349.12, but the Nasdaq market drooped 221.56 at 26,363.44 and the S& P 500 losing 12.97 at 7723.55. Westpac fell 2c at $46.09 and...
Headliner NZX Market Report 4.8.26
With US President Trump talking up the prospect of the Strait of Hormuz opening up as soon as tomorrow oil prices and bond rates dived, and equities soared on Wall Street overnight. Trump also signalled a restart to communications with Iran (which the latter denied had occurred). A buy on the dip rebound by the major US technology Mag 7 stocks helped carry key indices upwards: the Dow Jones climbed 693.38 points to 53,178.41, the S&P 500 added 110.78 at 7,600, a gain of +1.48%,...
OIl prices plunge on Strait hopes
The new week began with oil prices plunging on hopes of some form of resolution in the Middle East, while yen volatility continued in the wake of official joint US-Japan intervention late last week, notes BNZ Markets this morning. “(President) Trump has spoken to reporters in the Oval Office and claimed that talks with Iran were ongoing and that they were discussing reopening the Strait of Hormuz tomorrow,” reported Jason Wong, senior markets strategist. “Lower oil prices have eased pressure...
Headliner NZX Market Report 3.8.26
The mood on NZX shifted again today, back to being slightly bullish. Global market investors taking their cues from Wall Street perhaps, or maybe a gold medal to the Silver Ferns turned sentiment around, but back the market came roaring. The NZX50 rose 75.65 points at 13,774.93 while across in Australia the market rose 41.40 points at 9178.40. Oil prices declined slightly, the WTI at US$79.99 a barrel, down -5.55%, and Brent trading at US$84.06, -4.4% on weekend prices. Gold tracked the other...
Briscoe holds firm in 1st half sales
3.8.26 Briscoe Group has announced unaudited sales for the 13-week second quarter ended 26 July of $193.4m, an increase of 0.25% on the $192.9m reported for the same period ended 27 July 2025. Group sales for the first half, comprising a 26-week period, were $374.2m, an increase of 0.79% on the $371.3m reported for the pcp. Group managing director Rod Duke said, “We’re pleased to report a third consecutive quarter of positive sales growth despite economic conditions remaining challenging and...
Expanding Vista Group has higher half-year
3.8.26 Vista Group International has announced its half year results for the six months ending 30 June 2026, delivering another strong performance marked by growing market share, accelerating cloud adoption, and upgraded full-year revenue guidance. Total revenue of $86.3m was up 12% on 1H25, with Recurring Revenue of $80.1m (up 14% on 1H25) and SaaS Revenue of $43.5m (up 38% on 1H25) The ARR of $170.1m is up 17% on 30 June 2025 EBITDA of $12.4m rose 24% on 1H25, with EBITDA margin after...
Solid quarter from Third Age Health
3.8.26 Third Age Health has posted a strong first quarter with statutory net profit up 33.1% YoY to $865,000 and up 14.9% over 4Q26 (1Q26: $350,000). Group revenue was up 20.9% YoY to $6,082,000 for the quarter and up 3.8% over 4Q26 (1Q26: $5,031k, 4Q26: $5,858k) 1Q27 NPATA of $1,025,000 is up 36.3% and up 12.4% on 1Q26 and 4Q26 respectively. In 1Q27 services provided to 124 Aged Residential Care (“ARC”) facilities at the end of the quarter was up 34 or 37.8% YoY. The enrolled patient...
Midcaps take centre stage on NZX
Dr Hartley Atkinson of AFT Pharmaceuticals 1.8.26 A stronger week for midcap stocks and a current pause on further interest rate increases helped the NZX market over the last week, despite a midweek bump aping Wall Street. At times July was a light month for market moving news, apart from some trading updates and a few annual meetings. That will chnage shirtlky as a flow of June year results reaches the market. This week’s meeting highlight was Mainfreight’s annual meeting, at which divisional...
Headliner NZX Market Report 31.7.26
The New Zealand sharemarket was out of sync with other equity markets as it fell 63.50 on the NZX50 at 13,699.28 in thin trading that saw falls (39) almost match declines (44). The ASX All Ords rose to 9137.00 today, while overnight in the United States the various indices recorded a sharp rebound after heavy selling hit shares midweek. The Dow Jones rose 613.92 at 52,208.06. The S&P 500 gained 121.48 to 7347.83 and the Nasdaq market put on 679.24 points at 25,127.18. The NZX falls were...
