NZ sharemarket up 0.5% after strong start to reporting season – Market close
“It was a great start to the reporting season. I’m feeling good about the local reporting – I…
New data: GDP showed good growth before Iran war
The result was that March quarters now receive less of an uplift than they did previously; without that…
NZ sharemarket falls 0.5% on busy day – Market close
“The US-Iran negotiation is a mess, and that’s how the markets are feeling.” Iran suspended talks with the…
Fisher & Paykel downgrade drags NZX 50 lower as Pacific Edge jumps – Market close
This followed other downgrades by Jarden and Sydney-based Barrenjoey in the past week. Shane Solly, portfolio manager with…
NZ sharemarket down 0.7%, up more than 1% for week – Market close
Shane Solly, portfolio manager with Harbour Asset Management, said war clouds were back on the horizon and markets…
NZ sharemarket dragged down by F&P Healthcare – Market close
‘A high-quality company’ Greg Smith, investment specialist with Generate, said Fisher & Paykel was one of the few…
NZX 50 rises as Wall Street rally and Middle East ceasefire hopes lift stocks – Market close
Mark Lister, investment director with Craigs Investment Partners, said the rally was back on, with hopes the ceasefire…
NZX 50 slips 0.67% as Infratil and a2 Milk slide against global gains
Matt Goodson, managing director of Salt Funds Management, said, “If you had polled every investor before the opening,…
NZ sharemarket rebounds, up 0.5% – Market close
Lister said he was still positive about the outlook for the New Zealand market, but it won’t be…
Hotel shares interest boosts end-of-month action – Market close
“It certainly put a dampener on expectations for the housing market, and the problem is that two or…
NZ sharemarket up 1.3% for the year – Market close
Manufacturing activity in New Zealand is now the highest in four years, according to the BNZ-BusinessNZ Performance of…
NZ sharemarket plunges 0.7% – Market close
These companies are undervalued, as long as they lift their financial performance, he said. “Given the lacklustre year…