by Warren Head | Dec 2, 2022 | Uncategorized
2.11.22 The key message from Synlait Millk’s AGM held Friday at Christchurch’s new convention centre was that the business is well positioned as the Chinese infant formula market changes shape Chairman John Penno noted the active engagement with the top eight infant...
by Warren Head | Oct 26, 2022 | Free, Uncategorized
The NZ sharemarket rallied again today, stimulated by a further good day on Wall Street. The Dow Jones added 337.12 at 321,836.74 a rise of 1.07%. The NZX50 gained 244.29, up +1.32%, at 11,046.50. Aussie banks firmed: Anz gaining 30c to $26.80 and ANZ 34c to $28.34....
by Warren Head | Oct 13, 2022 | Currency, Economy, Money Market, Uncategorized
13.10.22 Markets were perturbed by Bank of England Governor Bailey’s tough talk soon after we went to press yesterday, but some order has been restored as the market focuses on a likely U-turn by the UK government on the Budget proposals, notes BNZ Markets. After a...
by Warren Head | Oct 6, 2022 | Free, NZ Market Daily Report, Uncategorized
The NZX had one of those revolving door days today in which yesterday’s head starts went full circle and back down again. F&P Healthcare recycle 51c lower to trade at $19.01, having more recently improved, and EBOS reversed by 51c to $37.09. Ryman...
by Warren Head | Oct 1, 2022 | Market Commentary, Uncategorized
Crash of 1987 on Wall Street - just a blip in long term 22.9.22 2022 has been a challenging year with extreme volatility in share markets, and the road ahead is likely to be bumpy given heightened uncertainty, comments Stephen Johnston, Portfolio Manager at Milford...
by Warren Head | Sep 28, 2022 | Uncategorized
With overseas markets still roiling, there was little other direction for the NZ sharemarket to move today other than downwards. By 94.92 points to settle at 11,119.57, a drift of 0.85%. Overnight the Dow Jones lost 125 82 at 20,134.99. Gainers of note were ANZ up 23c...
