Headliner NZX Market Report 26.1.26

  While the equities market closed higher today, it was the global bullion market that kept investors (and politicians) transfixed as the ‘safe haven’ metal leapt the barricade of US$5,000 an ounce and kept going. The NZX50 managed a slight gain of 12.50 points...

Genesis Energy performs well in 2H26

22.1.26 Genesis Energy delivered a solid second-quarter production performance for FY26 Management attributes this to Genesis’s portfolio flexibility and active portfolio management/optimisation in a period of favourable system conditions. Genesis customer position,...

Headliner NZX Market Report 22.1.26

Relief that the United States is walking back from threats of using armed force to lift Greenland off Denmark saw global stockmarkets rise today. The S&P/NZX 50 Index gained 1% or 139.70 points to close at 13,556.87. US sharemarkets were also strongly higher. The...

Headliner NZX Market Report 21.1.26

  The equities markets are as bleak as the weather this week.  The increased geopolitical tension over the strident demands on Denmark ‘to do a deal’ on Greenland have the EU nations grimly consolidating a face-off with the US. The financial markets are also...

Energy prices reflect high hydro lakes

Mercury NZ reported that high national hydro inflows resulted in low wholesale electricity spot prices in the December quarter. High national hydrological inflows of 98th percentile was reflected in lower wholesale spot electricity prices averaging $40/MWh in Auckland...