by Warren Head | Apr 24, 2024 | Currency, Economy, Global Share Markets, Money Market
Contrasting business activity readings in the UK and US set part of the backdrop for trading on markets overnights. Investor risk appetite has continued to recover underpinning global equities. The S&P gained more than 1% as the market looks ahead to corporate...
by Warren Head | Apr 23, 2024 | Free, NZ Market Daily Report
There was a sharp dip in share prices on NZX today with several leading shares shunted lower. The NZX50 ended up 49.56 points lower at 11,803.28. The NZ market had no mirrored uplift from a solid rise of 253 points on the Wall Street barometer Dow Jones index...
by Warren Head | Apr 23, 2024 | Latest News
23.4.24 Westpac provided a head’s up for the market this morning that reported net profit after tax in 1H24 will be reduced by A$164 million due to Notable Items. All Notable Items relate to unrealised fair value gains and losses on economic hedges and net...
by Warren Head | Apr 23, 2024 | Companies
NZX-listed Sky Network TV and BBC Studios are expanding their partnership with a multi-year wide-ranging deal that will give Sky audiences access to the best British drama content on BBC. BBC First will join the Sky channel line up from October 2024, bringing premium...
by Warren Head | Apr 23, 2024 | Latest News
23.4.24 AoFrio opened the business day by proving an update on trading performance for the three months ended 31 March 2024 (Q1-2024). Revenue for Q1-2024 was $16.6m, a 13% increase compared to $14.7m for Q1-2023. EBITDA improved by $0.6m to a surplus $0.2m (loss of...