by Warren Head | Jan 13, 2024 | Featured, Market Commentary
13.1.24 Warren Head On a news week as becalmed as Kaiteriteri Beach at high tide on a summer’s day the NZ sharemarket did well to notch a hundred point gain. The NZX50 rose 109.83 to 11,858.31 this week on thin volume of 81.88 million shares traded (value at...
by Warren Head | Jan 6, 2024 | Featured, Market Commentary
6.1.24 Warren Head The leading out-performer of NZX50 category stocks on the New Zealand sharemarket was appropriately enough a business that sells wine. After months of drifting downwards, Delegat Group uncorked a lively short week of bubbly trades. The DGL...
by Warren Head | Dec 30, 2023 | Featured, Global Share Markets, Latest News, Market Commentary
30.12.23 Warren Head The New Zealand sharemarket’s upwards flick of 1.81 points on Friday carried the NZX50 to a close of 11,770.49 for the year. It has clearly not been a remarkable year for the NZX market. The annual gain of 2.6% in NZX50 term is however much...
by Warren Head | Dec 23, 2023 | Featured, Global Share Markets, Market Commentary
23.12.23 Warren Head After a few days of limp business, retail stores lifted in pace of sales this weekend but likely too late to do more than straighten up the flight path to Christmas Day. The end of week close of the sharemarket for the Christmas festival...
by Warren Head | Dec 16, 2023 | Featured, Market Commentary
16.12.23 WARREN HEAD The midweek of the month has proven to be a real sprint for equities as central banks offshore leaned into a likely lower level of interest rates before 2024 is up and over. Highlighted also by some dramatic decisions by the new coalition...
by Warren Head | Dec 9, 2023 | Featured, Market Commentary
9.12.23 /// Warren Head /// With a mild incoming tide of optimism into Christmas the New Zealand sharemarket will finish the year moored close to the same mark as at the start of 2023. At 11,495.64, following a mild nudge of 120 points over the past week, the...