by Warren Head | Dec 2, 2023 | Market Commentary
// 2.12.23 // Warren Head Hopes for a soft landing after a volatile business year that has been fraught with inflation and political risks are now propelling an upwards flight path into December. The past week’s trading appeared mostly concentrated in...
by Warren Head | Dec 1, 2023 | NZ Market Daily Report
Christmas month has arrived and there is clearly a more positive vibe running – albeit nothing so exciting as to be dubbed as a rally. Those days may be over for a while, and we may need to be content with simple double digit gains by the NZX Gross Index – which today...
by Warren Head | Dec 1, 2023 | Latest News
1.12.23 Recently listed WasteCo has reported 1H24 revenue was up 22% to $20.8m. Other income and business acquisition gains of $1.7m took total income and revenue to $22.5m (1H23: $17.2m). A net loss of $1.1m (1H23: profit of $0.4m) was due in large part to one off...
by Warren Head | Dec 1, 2023 | Currency, Economy, Money Market
Global bonds are higher in yield while the US dollar advanced, says BNZ Markets this morning. In currency markets the US Dollar made broad based gains, particularly against European currencies, says Stuart Ritson. The 0.5% increase in the Dollar index trimmed...
by Warren Head | Nov 30, 2023 | Free, NZ Market Daily Report
Evident optimism in the equities market at the RBNZ’s decision not to increase the OCR at this week’s MPC meeting saw equity share prices move higher overall; today. The NZX50 finished the trading session up 94.26 at 11,330.10. Overnight, the Dow Jones rose...
