Improved momentum

  15.1.26 2 Cheap Cars Group (2CC) has delivered an improved trading performance through the latter part of the third quarter and into the early fourth quarter of FY26. This has been underpinned by better vehicle margins and robust finance and insurance (F&I)...

Headliner NZX Market Report 14.1.26

The NZ sharemarket responded positively to further economic news today.’ The list of gainers contained some solid advances, headed by heavyweights rushing upwards. Mainfreight out-manoeuvred the field with a 77c thrust to $69.57 but the $70 threshold remained elusive...

Employment confidence has small lift

Employment confidence rose by 3.9 points to 93.8 in the December quarter, according to the Westpac-McDermott Miller Employment Confidence Index “Jobs are still seen as hard to come by, but current readings are consistent with a peak in the unemployment rate,”...

Ongoing margin pressure, says Fletcher

13.1.26 Fletcher Building’s quarterly update of key product sales volumes for the second quarter of FY26 shows modest improvement compared with 1Q25. Andrew Reding, managing director and CEO notes “some encouraging signs emerging across the portfolio. “That said,...