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Previous Articles Archive - 2019

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December 2019

27 Dec 2019NZ shares fall as blue chips take a breather; Metlife buoys retirement sector
24 Dec 2019Retirement village shares feature in subdued Christmas trading
23 Dec 2019NZ shares gain; retirement village operators buoyed by M&A
20 Dec 2019Record year beckons for NZ shares; index reweighting drives big volume
19 Dec 2019Sharemarket extend gains; Metlifecare knocks back takeover bid
18 Dec 2019NZ shares march higher as holiday trading takes hold
17 Dec 2019Sharemarket plays catch up after yesterday’s outage
17 Dec 2019ANZ's chair Gonski delivers a mea culpa to shareholders
16 Dec 2019NZ shares dip as NZX outage stops trading early
13 Dec 2019Z Energy sinks on profit warning
12 Dec 2019Infrastructure spend buoys investors; Bellweather stock rises
11 Dec 2019NZ shares nudge higher; ports gain ahead of Northport study
10 Dec 2019NZ shares rise as A2 recovers
9 Dec 2019A2 CEO’s shock exit weighs on stock market
9 Dec 2019A2 Milk boss steps down, NZSA says board must be held to account
6 Dec 2019NZ shares edge higher as US-China trade talks drag on
5 Dec 2019Banks rally on Reserve Bank capital decision
4 Dec 2019NZ shares dip on eve of major regulatory decisions
3 Dec 2019NZ shares join global decline; US tariff move weighs on exporters
2 Dec 2019Five day streak of gains ends; Gentracks leads market lower

November 2019

29 Nov 2019NZX50 gains 4.9% in November as M&A boosts retirement sector
28 Nov 2019NZX50 hits record; buoyed by business confidence, M&A
27 Nov 2019NZ shares gain as F&P has solid first half
26 Nov 2019MSCI reweighting drives mammoth volume on NZX
25 Nov 2019Optimism over US-China trade deal welcomed by the market; Cracks at Metroglass
23 Nov 2019Gentrack sinks on profit warning; NZ shares fall overall
21 Nov 2019NZ shares fall as US-China trade concerns weigh on markets; Ryman slips
20 Nov 2019NZ shares rise; Metlife jumps on takeover talk
19 Nov 2019A2 soars; Ebos slides on major stake sale
18 Nov 2019Not a great Monday on the market: Sky TV, Steel & Tube warn on earnings
15 Nov 2019NZ shares edge lower; power companies under pressure
14 Nov 2019NZ shares recover as investors re-think RBNZ review
13 Nov 2019NZ shares sink after RBNZ keeps OCR at 1%
12 Nov 2019Gentailers dominate trade; Mercury wind farm has investors revisiting smelter fears
11 Nov 2019Retirement villages buoyed by Auckland housing market bounce
11 Nov 2019Long-serving ACC investment chief calls it a day
8 Nov 2019NZ shares rise as Fletcher remains in MSCI index
7 Nov 2019NZX50 firms in mixed trade: Pushpay extends gain while Trustpower falls
6 Nov 2019A2 Milk faces new China competition driving down share prices
5 Nov 2019NZ shares nudge up amid growing optimism over US-China trade
4 Nov 2019NZ shares rise on improved US-China trade outlook
4 Nov 2019Westpac NZ annual profit rises 3%; RBNZ releases it from capital purgatory
1 Nov 2019Tiwai still plagues power companies; property rises

October 2019

31 Oct 2019NZX50 falls 1.3% in October; investors ponder smelter future, index reweighting
31 Oct 2019ANZ grapples with New Zealand capital question
30 Oct 2019Shares dip; Kiwi Property capital raising hogs the headlines; Plenty to look forward to tomorrow
29 Oct 2019NZ shares edge higher on growing hopes for US-China trade
29 Oct 2019ANZ moves to defeat Ross Asset class action early
25 Oct 2019NZX50 stumbles over smelter scare
24 Oct 2019NZ shares fall as yield stocks face selling
23 Oct 2019Investors dump power companies on smelter scare
22 Oct 2019NZ shares follow Asia higher; SkyCity falls as fire rages
21 Oct 2019NZ shares edge lower as global ructions weigh; Tourism Holdings sinks
19 Oct 2019Blue-chip stocks Meridian, A2 lead market lower
17 Oct 2019NZ shares fall as Pushpay follows Aussie software firms lower
16 Oct 2019Fourth day of gains; Restaurant Brands climbs on upbeat outlook
15 Oct 2019NZ shares rise; F&P Healthcare gains for 3rd day
14 Oct 2019Sky soars on NZ Rugby deal; Market up overall
11 Oct 2019NZ shares rise; Sky TV recovers on rugby rights rumour
10 Oct 2019NZ shares fall; Sky routed on lost cricket rights
9 Oct 2019Trade concerns weigh on market; Fonterra recovery pauses
8 Oct 2019NZ shares join Asian rally on optimism over trade talks
7 Oct 2019NZ shares rise in quiet trading as Fonterra hits 4-month high
4 Oct 2019Market rebounds; Kathmandu rises after bookbuild
3 Oct 2019NZ shares fall on growth fears, trade war expansion
2 Oct 2019NZ shares fell on concerns about stalling global growth
1 Oct 2019Investor demand continues for yield stocks

September 2019

30 Sep 2019Firm start to the week as A2 drives NZ shares higher
27 Sep 2019Property stocks rise while gentailers fall. Market edge up in quiet trading overall
26 Sep 2019Investors unnerved by global uncertainty; Fonterra jumps but market falls
25 Sep 2019Yield stocks back in favour with investors; Air NZ takes off
24 Sep 2019NZ shares fall as A2 hits 7-month low; Spark still defies naysayers
24 Sep 2019RBNZ needs more resources, not more powers: Bascand
23 Sep 2019NZ shares buoyed by prospect of low rates; Spark gains
20 Sep 2019NZ shares gain; index reweighting drives heavy trading in Kiwi, Kathmandu
19 Sep 2019NZ shares gain; appetite for KFC helps Restaurant Brands hit record
18 Sep 2019NZ shares fall; Goodman placement sees property stocks sold
17 Sep 2019NZ shares gain: F&P Healthcare rallies on big volume, Synlait extends gain
17 Sep 2019Wealth management now wags the stock-broking dog
16 Sep 2019High oil prices weigh on Air NZ, Mainfreight; Shares close down
13 Sep 2019NZ shares fall for 5th day; Z Energy sold off further
12 Sep 2019Z Energy, Synlait crash on earnings downgrades
11 Sep 2019NZ shares sink; rising rates sap demand for yield stocks
11 Sep 2019Banks raise cheap wholesale funding ahead of Spring mortgage surge
10 Sep 2019NZ shares fall in light trading; power companies come off the boil
9 Sep 2019Shares snap six-day gain; A2 falls
9 Sep 2019Change tax regime for KiwiSaver, share trading - capital markets review
6 Sep 2019NZX50 climbs 4.1% in week; yield demand reigns
6 Sep 2019RBNZ says don't believe what banks say about capital
5 Sep 2019Shares march higher as low rates keep yield attractive
4 Sep 2019Sharemarket cracks another milestone; Vista, Pushpay recover
3 Sep 2019NZ shares outperform Asia; Contact, Meridian in demand
2 Sep 2019NZ shares gain; yield stocks Contact, Meridian still in favour

August 2019

30 Aug 2019Vista recovers in heavy day of trading
29 Aug 2019Investors savage Vista after it misses earnings target
29 Aug 2019Kiwibank's shareholders green-light capital-hungry growth plans
29 Aug 2019Ambitious Australian trustee firm makes kiwi push
28 Aug 2019NZ shares rise; F&P Healthcare jumps on modest earnings upgrade
27 Aug 2019NZ shares recover; demand for yield boosts Meridian, Spark
26 Aug 2019Trump's trade tweets drive NZ shares lower; Freightways caution weighs
23 Aug 2019Yield stocks sold off; Skellerup drops
23 Aug 2019Kiwibank's annual profit eases as fee income drops
22 Aug 2019NZ shares gain as Ebos, Air NZ earnings meet expectations
21 Aug 2019Big Wednesday: A2 squeezed over margins; Fletcher and Spark shine
21 Aug 2019nib NZ has risk and culture review on the radar
20 Aug 2019Napier Port has promising debut; NZ shares rise
19 Aug 2019NZ shares gain as tweaked earnings outlooks boost A2, weigh on Fletcher
19 Aug 2019Comcom loses bid to derail Harmoney appeal
16 Aug 2019NZ shares fall as global uncertainty weighs on utilities; Sky gains on M&A
15 Aug 2019NZ shares join global rout as bond markets stoke recession fears
15 Aug 2019Heartland Group lifts annual profit 9% on reverse mortage and other lending growth
14 Aug 2019Reporting season on track; Sky City signals growth ahead
13 Aug 2019NZ shares join global lull as investors remain nervous
12 Aug 2019NZ shares flatline in light trading; Fonterra sinks after dropping dividend
9 Aug 2019Sharemarket edge lower as investors await earnings season
8 Aug 2019Kathmandu produces 'ripper' result
7 Aug 2019NZ shares climb as rate cut stokes demand for yield stocks; Mercury gains
7 Aug 2019ASB lifts annual profit 8% but says underlying growth was subdued
6 Aug 2019NZ market dives on escalating US-China trade war
5 Aug 2019Milk shares droop on trade tensions; Local market follows Asia lower
2 Aug 2019NZ stocks edge higher, led by Contact; Asian markets slide
2 Aug 2019Banks, insurers' complacency 'hard to comprehend' - FMA
1 Aug 2019NZ shares mixed, weighed by A2 Milk, Tourism Holdings

July 2019

31 Jul 2019Woes around the building sector weigh on market
31 Jul 2019Ethical investing on human rights grounds 'too hard' - Simplicity
30 Jul 2019Growth stocks do well v electricity ones
29 Jul 2019NZ shares rise as A2 buoyed by Bubs result
26 Jul 2019Market ends week lower; Sky TV and A2 fall
25 Jul 2019NZ shares resume march higher as A2 hits record; Gentrack sinks
24 Jul 2019NZ shares take a breather after hitting a fresh record
24 Jul 2019Govt opts for sweeping review of 'underperforming' RMA
23 Jul 2019Market trucks on as Mainfreight and A2 hit new highs
22 Jul 2019Fourth straight day of share price rises; Exporters gain; Sky leads
19 Jul 2019NZ shares extend gain as passive funds bolster prices; Tourism Holdings climbs
19 Jul 2019RBNZ says no change in approach on Resolution Life's AMP purchase
18 Jul 2019NZX50 hits record as yield stocks remain in vogue
18 Jul 2019ANZ and Westpac credit rating outlooks downgraded to 'negative' outlook: Fitch
17 Jul 2019NZ shares edge higher in quiet trading; weaker currency buoys exporters
16 Jul 2019Shares fall for second consecutive day; AIA, FAP and ATM lead declines
15 Jul 2019AMP share prices takes a big hit; Market down overall
12 Jul 2019Mixed day on sharemarket; Trustpower leads decliners; Summerset biggest improver
11 Jul 2019NZ stocks rise on interest rate outlook; dairy shares gain
10 Jul 2019A2 drives market higher after upgrade
9 Jul 2019NZ shares fall as prospect of smaller US rate cut knocks yield stocks
8 Jul 2019NZ shares dip; Summerset sales fall short of expectations
5 Jul 2019Fonterra Fund recovers; the chase for yield continues
4 Jul 2019Prospect of US rate cut keeps yield in demand; Market rises; Fonterra sinks
3 Jul 2019NZ shares led higher by exporters Kathmandu, A2 in light trading
2 Jul 2019NZ shares buoyed by RBA rate cut, US-China trade talks
1 Jul 2019Shares fall as yield plays ease from records

June 2019

28 Jun 2019Shares post 6.4% gain in June quarter as yield remains king
27 Jun 2019Yield hunt lifts Genesis, Auckland Airport to records
26 Jun 2019NZ shares dip as investors eye Fletcher update
25 Jun 2019Sharemarket extend gains as A2 buoyed by trade data
24 Jun 2019NZ shares outperform Asia on persistent demand for reliable income
21 Jun 2019NZ shares gains in heavy trading on quarterly index reweighting
20 Jun 2019Blue-chip shares give up recent gains, Infratil sheds dividend
19 Jun 2019NZX50 hits record; prospect of lower rates drives yield hunt
18 Jun 2019NZ shares gain as investors eye upcoming Fed meeting
17 Jun 2019Blue chip stocks weigh market down
14 Jun 2019US rate uncertainty buoys local blue chips; NZ shares edge higher
13 Jun 2019NZX edges higher: Ebos, Auckland Airport, Mainfreight hit records
12 Jun 2019Good day on NZX
12 Jun 2019NZ shares follow ASX higher on optimism over US trade deal
10 Jun 2019NZ shares fall as Australian holiday saps trading volumes
7 Jun 2019Sharemarket back above the 10,000 mark
6 Jun 2019Shares gain as growth stocks recover; Comvita bounces
5 Jun 2019NZ shares edge higher; A2 recovers some ground lost on China fears
4 Jun 2019Sharemarket drop below 10,000; A2 slumps on China fears

May 2019

31 May 2019NZ shares snap 5-day slide; Auckland Airport hits new high
30 May 2019Fears over global growth drive NZX, not the Budget
29 May 2019NZ shares fall as more Commercial Bay delays weigh on Fletcher, Precinct
28 May 2019Heavy trading on NZX today
27 May 2019F&P Healthcare falls after record $1 bill revenue
24 May 2019Companies punished when earnings expectations missed
23 May 2019Fletcher Building continues its good run
22 May 2019NZ shares edge up; Infratil gains after placement
21 May 2019NZ shares fall; ComCom's early fibre views knock Chorus
20 May 2019Banks shares rise on back of Australian election results
17 May 2019Quiet trading on NZX ahead of upcoming earnings; Market finishes higher
16 May 2019NZ shares extend gain in increasingly volatile market; Chorus gains
15 May 2019NZ shares outperform global rally as low rates bolster local outlook
14 May 2019NZ shares fall as Infratil flags equity raising for Vodafone deal
13 May 2019Trustpower hits record on special dividend; Tip Top sold
10 May 2019 US-China trade wars hurt NZ shares
9 May 2019NZ shares extend gain on low-rate tailwind; Vista at record
8 May 2019Shares stage late rally after OCR cut
7 May 2019Investors chase yield in low-rate environment and push shares higher
6 May 2019NZ shares fall as Trump's trade talk spooks investors; exporters fall
3 May 2019Investors take profits after sharemarket hits record
2 May 2019Z pumps market higher; Trade Me departs
1 May 2019Little bit of negative news takes shine of sharemarket

April 2019

30 Apr 2019April another month of solid gains for sharemarket
29 Apr 2019NZX rises during a quiet trading day
26 Apr 2019NZX50 drops below 10,000 as blue-chips fall off the pace
24 Apr 2019NZ shares follow Wall St higher in light trading; Meridian, F&P, A2 rise
23 Apr 2019NZX50 tops 10,000, growing 284% in past decade
18 Apr 2019Sharemarket records 1.8% gain in a week
17 Apr 2019Knock, knock, knocking on the magical 10,000 mark
16 Apr 2019Exporters drive sharemarket higher
15 Apr 2019Investor confidence buoyed on US coy earnings; NZX rises
12 Apr 2019NZ shares rise; retirement stocks Metlife, Summerset extend recovery
11 Apr 2019NZ shares snap six-day decline as retirement stocks claw back losses
10 Apr 2019Yield stocks loose their lustre
9 Apr 2019Retirement stocks under pressure on housing fears
8 Apr 2019Slowing property market weighs on sharemarket
5 Apr 2019NZ shares fall; weak Summerset sales weigh on retirement stocks
4 Apr 2019Defensive stocks end stellar run
3 Apr 2019Telco boss unexpectedly hangs up and market falls
2 Apr 2019The prospect of rate cuts drive market higher; Maccas helps the rally
1 Apr 2019NZ shares join Asian rally as Chinese data boosts investor confidence

March 2019

29 Mar 2019NZX50 delivers 12% gain in March quarter as low rates spur demand for yield
28 Mar 2019Dividend yield stocks again dominate sharemarket trading
27 Mar 2019NZ shares surge as rate cut prospect buoys yield plays; Mercury, Meridian hit records
26 Mar 2019Wall St weakness shrugged off; Defensive stocks gain; Genesis hits record
25 Mar 2019NZ shares fall from record as bond inversion triggers global sell-off
22 Mar 2019Shares climb to record on low rate outlook
21 Mar 2019NZ shares rise on Fed restraint, local GDP growth; Auckland Airport slides
20 Mar 2019Dairy shares take froth off NZ sharemarket
19 Mar 2019Sharemarket falls as investors avoid anything to do with construction
18 Mar 2019NZ shares at record; trading quiet as investors digest re-weightings
15 Mar 2019Heavy trading on NZX with index re-weightings heightening activity
14 Mar 2019Big day of trading as investors reposition portfolios
13 Mar 2019Uncertainty over Britain's exit from the European Union keeps investors on edge
12 Mar 2019Defensive stocks remain attractive in an uncertain global environment
11 Mar 2019NZ shares decline as global uncertainty weighs; Sky TV hits low
8 Mar 2019NZ shares cap off 10-year bull market with 0.9% weekly gain
7 Mar 2019Defensive stocks find favour with investors
7 Mar 2019Milford succession plans continue as Gaynor dials back day-to-day management
6 Mar 2019Fonterra Fund leads NZX higher
5 Mar 2019NZ shares fall from record as global markets come off the boil; Mercury drops
4 Mar 2019NZ shares hit record as prospect of US-China trade deal buoys Asia; A2 gains

February 2019

28 Feb 2019Earnings season ends on a sour note; index changes boost volume
26 Feb 2019After run of good results some companies disappoint
25 Feb 2019Reporting season continues on NZX; Here's the latest results
22 Feb 2019Air NZ and Auckland Airport lift market
21 Feb 2019NZ shares gain; A2 hits new record, F&P climbs on patent deal
20 Feb 2019NZ shares gain; A2 jumps to 12-month high as earnings outperform
19 Feb 2019A2 downgraded on eve of earnings, Heartland misses expectations
18 Feb 2019NZ shares subdued as China trade tensions weigh; Sky TV falls
15 Feb 2019A2 and Fisher & Paykel lead NZX down on China fears
14 Feb 2019Six day run of gains ends on sharemarket
13 Feb 2019NZ shares join global rally on US-China trade optmism; SkyCity falls
12 Feb 2019NZ shares gain as power companies Meridian, Genesis, Mercury buoyed by low rate outlook
11 Feb 2019Contact kicks off earnings season on a bright note
8 Feb 2019All quiet on NZ sharemarket ahead of earnings season
7 Feb 2019NZ shares gain as prospect of rate cut stokes demand for yield stocks
5 Feb 2019Bank shares rally after let off from Royal Commission
4 Feb 2019Australian banking report spooks investors
1 Feb 2019NZ shares edge up ahead of earnings season; Air NZ at 3-month low

January 2019

31 Jan 2019Kiwi bourse joins global rally as Fed poised to keep rates low; Air NZ falls again
30 Jan 2019Air NZ warning weighs on tourism; NZ shares fall
29 Jan 2019Not a good day on the sharemarket amid ongoing concerns about global growth
28 Jan 2019NZ shares edge higher; Australian, Auckland holidays sap volumes
25 Jan 2019NZ stocks inch higher ahead of earnings season
24 Jan 2019NZ shares inch higher as US shutdown sidelines investors
23 Jan 2019NZ shares ease on global growth concerns
22 Jan 2019NZ shares fell on global growth concerns
21 Jan 2019NZ stocks gain; investors seek value ahead of earnings season
18 Jan 2019Sharemarket follow Asian markets higher on renewed hopes for China-US resolution
17 Jan 2019NZ shares get further lift from positive offshore markets
16 Jan 2019Stocks rise, buoyed by dairy prices, overseas markets
15 Jan 2019Local shares drift after US stocks eased back overnight
14 Jan 2019NZ shares inch higher in tepid trade
10 Jan 2019NZ shares fall as investors take a breather
9 Jan 2019NZ shares gain as trade fears ease
8 Jan 2019NZ shares get further lift on improving offshore sentiment
7 Jan 2019Investors go bargain hunting
4 Jan 2019Investors move to defensive stocks on global jitters
3 Jan 2019NZ shares drop in first trading day of 2019 as Kathmandu whacked on weak sales
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