Equity markets are in a state of dejection, the penny having dropped that central banks by necessiry will hold interest rates higher for longer – meaning 2025. The general sentiment is tilted towards a slow slippage in share prices. On the NZX market there were few...

The NZ sharemarkets had a quiet trading session, culminating in a 39 points drop to 11,836.04 by the NZX50 index. Overnight, the Dow ones eased off 45.66 points at 37,753.31. Trade Window CEO JP Smith made an impassioned statement to investors this morning including...

  Several stocks which took a hammering earlier this week, made ground today, notably Ampol rebounding by a strong $1.38 to trade at $46.08, a gain of 3.09%. Mainfreight moved back up by $1.50 to $69.50 and F&P Healthcare recovered 38c to hit $26.78. Infratil...

    The NZ sharemarket became caught up in the wave of uncertainty flowing off major markets today. The NZX%0 falling 111.94 points at 11,804.84. The ASX All Ords was down 140.90 at 7,868.50, Overnight the Dow Jones shed a further 248.13 points to land at...

The NZX market proved to be very resistant to following global markets into an over-reaction to Iran’s barrage of drones despatched towards Israel during the weekend. The NZX50 came down by only 14.54 points at 11,916.78. Although, the gainers were few in number, with...

The sharemarket had fair degree of activity despite the adverse weather which slowed major cities today, but failed to make any positive change to a relatively dismal week. The NZX50 drifted off by 2.90 points at 11,931.32 but that level was only attained by virtue of...

The NZ sharemarket kept its decline today to only 37.61 points at 11,934.31 after the Wall Street tumbled 422.16 points to 38,461.51 overnight.  The US market was reacting to the higher than expected CPI reading which has likely hardened the prospect of the US Federal...

The release of the Reserve Bank’s monetary policy statement – coupled with a no change decision on the current cash rate – persuaded the equity market to move on. The NZX50 gained 55.14 points to 11,971.92, with some heavyweights contributing to the rise. F&P...

The run-off of share valuation continued on NZX today, slightly deeper on the downside at 56.81 points to put the NZX50 index at 11,916.78. Overnight the Dow Jones eased 11.24 at 38,892.80. NZ investors are following the cues coming off the US market to not become...