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NZ Market Report 16.9.22

  The New Zealand market did well to restrict a fall in equity values today after Wall Street had a further soggy session. The NZX50 fell 78.48 to 11,580.46, -0.67%. The Dow Jones fell 173.27 at 30,961.82 (-0.16%), the FTSE-100 was off 18.81 at 7263.26 in London...

Market Report 15.9.22

Equity markets consolidated today, the Dow Jones making a 30.12 points rise to 31,135.09 and the NZX50 flat at 11,658.94.  Briscoe Group’s interim was the highlight of the day, and the shares gained 9c or 1.65% at $5.55. Cooks Coffee lifted 5.5c to 42.5c, up 14.86%....

Market Report 14.9.22

  The August inflation rate shock that trampled US equity markets last night, sent a ripple across the Pacific that shed momentum as the New Zealand trading day advanced.  A higher than expected CPI of 8.3% in the US – contrasting with hopes of a lower rate of...

NZX Market report 12.9.22

  A firm start to the start on NZX today saw the NZX50 index marked 55.44 points higher at 11,813.21. The declines were generally small and the only notable a 15c fall for Summerset at $11 and an 8c slip for Tourism Holdings at $2.62. Mainfreight drove 90c...

Market Report 8.9.22

The sharemarket was jolted upwards today by resurgent buying after days of tepid trading. The NZX50 galloped 129.63 points higher to 11,677.93. Overnight the Dow Jones shot up 435.96 to 31,581.298 as American markets corrected some recent persistent weakness. The...

Market Report 7.9.22

Another almost news-free day was hardly conducive to  trading on NZX today. Briefly the market climbed only to run out of puff by 1.30pm.  During the session, Restaurant Brands dropped the news that its exceptional leaders, CEO Russel Creedy and CFO Grant Ellis are to...

Changes at top of Restaurant Brands

Changes at top of Restaurant Brands

7.9.22 Restaurant Brands New Zealand will be moving to a new leadership in 2023 with the news Russel Creedy, Group Chief Executive Officer, and Grant Ellis, Group Chief Financial Officer, will both be retiring from the company in 2023. Creedy will retire on March 31...

NZ Market Report 6.10.22

  The NZ sharemarket slipped 19.81 points lower today at 11,559.23 on the NZX50, on a quiet day devoid of any news announcements.  F&P Healthcare sank 45c to $18.90. Ampol lost 17c at $37.40. Mainfreight was off 16c at6 $73.90. South Port drifted 12c to...

Market report 5.8.22

  The NZ sharemarket opened the new week on a fairly quite tone today, with a scarcity of new reports but with attention to the ongoing sell-off on the US markets (stimulated by economic data relevant to the US economy). The NZx50 closed the day at 11,619.04,...

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