by Warren Head | Apr 5, 2024 | Free, NZ Market Daily Report
The NZ sharemarket is squeezing lower in incremental steps, today shedding 213 points at 12,012.24. Meanwhile, overnight the Wall Street market hit the headlines with a wild day’s trading as investors remain spooked by strong jobs data and fears of the Federal Reserve...
by Warren Head | Apr 4, 2024 | Free, NZ Market Daily Report
Little in the way of newsflow helped the NZX market to have a listless session today, before closing down 5t.23 points at 12,035.26. Notable changes included a 24c fall by a2 Milk to $6.36 while Synlait Milk drifted 6c or 8.8% lower to 62c. Hallenstein...
by Warren Head | Apr 3, 2024 | Free, NZ Market Daily Report
A low day for newsflow on NZX brought some stability of sorts to the trading session. The NZ market proved uninterested in taking direction from the twitchy US market, where another day of doubt that interest rates will be reduced during 2024 saw another...
by Warren Head | Apr 2, 2024 | Free, NZ Market Daily Report
A slow erosion of the NZX market continued today with the NZX50 down 9.44 points to 12,095.85. Overnight the US market also faltered, the Dow dropping 240.52 points at 39,566.85. In Australia, the All Ords closed at 8145.80, down 7.90 points. The largest falls came...
by Warren Head | Mar 28, 2024 | Free, NZ Market Daily Report
An end of month rush of liquidity flowed into the stockmarkets today, with the overnight influence of a big advance on the US market as external impetus. The Dow Jones surged 477.75 points upwards to 39,760.08 overnight. In NZ, the NZX50 managed a 94.63 gain to...
by Warren Head | Mar 27, 2024 | Free, NZ Market Daily Report
The national sharemarket eased back by 21.15 points today at 12,010.66. Restaurant Brands shares jumped 32c or +9.70% to $3.62.after its FY24 annual result, including store sales at a record high of $1,322m, an increase of $83m (6.7%) on FY22, despite net profit...
