
Stock Takes: Focus turns to second half after RBNZ rate cut
Focus has turned to those companies who will benefit from this week's RBNZ rate cut.
Focus has turned to those companies who will benefit from this week's RBNZ rate cut.
SkyCity Entertainment Group and Auckland International Airport help drag market down.
Casino company had to spend more money than anticipated in Australia, CEO says.
NZ stocks ended slightly down with Fletcher Building outperforming after the OCR cut.
The RBNZ warned of uncertainty around US tariffs and geopolitical events.
The Reserve Bank is now offering a fresh take on where the economy is headed.
Intense competitive forces, slowing of demand influence result.
Capital inflows could be at risk if anti-organised crime rule changes fail.
The S&P/NZX 50 Index closed at 13,051.12, down 17.81 points or 0.14%.
The reporting season gets fully underway next week. Will there be green shoots?
And US inflation comes in hotter than forecasts had expected.
All eyes were on Contact Energy and Mercury.
Vulcan Steel kicked off the reporting season on a disappointing note.
Westpac said global dairy prices have generally held their ground.
Business Editor-at-Large Liam Dann talks to Pie Funds CIO Mike Taylor about what to expect in global markets with Trump's tariff's looming and Chinese AI disrupting tech.
Liam Dann talks tariff turmoil with Pie Funds CIO Mike Taylor.
Trading was solid on the NZ sharemarket the day after the Waitangi public holiday.
OPINION: Why do economists hate tariffs? And what will they do to your mortgage rate?
The NZX index shook off yesterday's 1.42% fall.
The New Zealand sharemarket slumped to its biggest single-day-fall since December 19.
The threat of Trump tariffs reared its head again for some businesses.
Synlait is back in action after a terrible 2024, while trade tension overhangs FPH.
The New Zealand sharemarket posted its fourth decline in five trading days.
Kaingaroa lies at the heart of New Zealand's forestry sector.
A late spurt helped the local index finish higher for the day.
Investors react warmly to improve earnings update.
Dairy processor's good day wasn't enough to help the sharemarket into positive territory.
But the local market is choppy on low liquidity and lack of specific corporate news.