Many market watchers think New Zealand’s runaway inflation may have peaked in the March quarter but that doesn’t mean the equity market will bounce back any time soon.The first quarter of
These passive funds are usually fully invested and hold little cash.By comparison, active fund managers may be overweight or underweight Apple, Microsoft and Amazon, and have a high proportion of cash
A number of close contacts have been identified and have returned negative tests so far. Dual-listed Michael Hill jumped 11.4% to $1.37 after it said it expects to deliver first-half earnings &ld
Turnover was $203 million.Researchers in South Africa have discovered a variant of covid – expected to be called the Nu strain – that some are concerned may be both more infectious than th
Westpac Bank led NZ shares lower for a second day after it reported weakening margins; meanwhile, the Reserve Bank of Australia scrapped its interest rate guidance.Late on Tuesday afternoon, Australia
Turnover was $130 million. Still, the local index is outperforming others with the ASX 200 down 2% today and the S&P 500 falling 4% during September – its first monthly decline in almos
Turnover was $167 million.Fisher & Paykel Healthcare was the main cause of weakness on the index, declining 2.6% to $31.30 in lockstep with other ASX-listed healthcare stocks.The hospital product
The threshold for inclusion is A$5 billion. Peter McIntyre, an adviser at Craigs Investment Partners, said if companies drop down from one index to the next then “coverage of the stock is l
We had a large, extended family gathering in Martinborough and the weather was great. My uncle, Walter, and Dad's elder sister, Molly, had an all-day argument in Walter's kitchen over how
That flow may reverse in coming months,” said Sam Trethewey, a portfolio manager at Milford Asset Management.That would in theory lead to lower demand for equities and likely cause share prices
Turnover was $204 million.Investors in the United States overnight started the week by ditching risk assets after a weekend of headlines about the spread of the covid-19 delta variant and accusations
"If relaxing the birth policy was effective, the current two-child policy should have proven to be effective too," Hao Zhou, a senior economist at Commerzbank, told Reuters news agency: &quo
Global businesses with strong retail brands appear the most likely to stop doing business in Russia altogether, but there are holdouts.
OTM this week: The PM’s US tour, Grant Robertson’s golden rules, Greg Foran and more.