NZ Market Report 5.12.23

Twenty days to Christmas and the market was cooling on NZX today.  The heavyweight duo of EBOS (up 39c to $37.71) and Mainfreight (up $1.18 at $69.25) held up the top end of the market, and there were 7c gains for Ventia Services at $3.07 and Sanford at $3.82. Serko...

NZ Market Report 4.12.23

There was an odd imbalance on NZX today with the two ends of the see-saw cancelling each other out in the end. The NZX50 gained a mere 0.30 points at 11,367.81. The weekend rally on Wall Street (where the Dow was up 294 points to 36,245.50 after one of the best weeks...

NZ Market report 30.11.23

  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...

NZ Market Report 29.11.23

  Several heavyweight stocks climbed on the NZ sharemarket today as the Reserve Bank released a no-change decision on the Official Cash Rate (though hedging its opinions on what early New Year might bring and increased resignation to an extended period of current...

NZX Market Report 28.11.23

        EBOS Group moved strongly higher today with as 64c rise to $35.63, F&P Healthcare ahead of its half year results jumped 44c to $22.49. Restaurant Brands rose sharply, up 22c to $3.76, a gain of 6.20%. One of the big improvers of the...

Market Report 27.11.23

  The opening session of the new week was slow. Investors and the public are still absorbing the array of implications from the coalition government agreement. Burger Fuel was the major mover of the day. The intention to hold a special meeting to discuss a...