by Warren Head | Apr 17, 2024 | Currency, Economy, Global Share Markets, Money Market
17.4.24 Global bond markets remained under pressure overnight, notes BNZ Markets this morning. “US treasuries yields made fresh highs for the year which constrained equity market performance,” says Stuart Ritson, senior interest rate strategist. The S&P was...
by Warren Head | Apr 16, 2024 | Free, NZ Market Daily Report
The NZ sharemarket became caught up in the wave of uncertainty flowing off major markets today. The NZX%0 falling 111.94 points at 11,804.84. The ASX All Ords was down 140.90 at 7,868.50, Overnight the Dow Jones shed a further 248.13 points to land at...
by Warren Head | Apr 16, 2024 | Companies, Latest News
Automation and robotics manufacturer Scott Technology has increased group revenue by 11% to $141m, with margins maintained at 26%, in the six months to 29 February 2024 (H1 F24). Sales and service in Scott’s three core sectors delivered 85% (+8ps) of group revenue....
by Warren Head | Apr 16, 2024 | Companies, Latest News
Fletcher Building has appointed Haydn Wong as interim Group General Counsel and Company Secretary. Mr Wong joins Fletcher Building from law firm Bell Gully until a permanent Group General Counsel and Company Secretary is appointed. This follows the earlier...
by Warren Head | Apr 16, 2024 | Latest News, Property
16.4.24 A surge in new listings has helped to boost turnover in the housing market, but is putting downward pressure on prices, notes Westpac House sales* Monthly % change: -2.1% (Prev: +17.9%) Annual % change: +8.0% (Prev: +37.9%) House Price Index* Monthly % change:...
