Daily-Wrap

Index Update:On 26thNovember 2024, the broader NZ market ended in red as communications services sector witnessed a decline. On the same day, S&P/NZX 50 Index witnessed a fall of 0.62% to end the session at 13,113.760 and S&P/NZX 20 Index fell by 0.78% to …

Index Update:On 25thNovember 2024, the broader NZ market closed the session in green amidst significant buying in the Industrials sector. On the same day, S&P/NZX 50 Index witnessed a rise of 1.18% and S&P/NZX 20 Index rose by 1.23%. Also, S&P/NZX 10 Index increased …

Index Update:On 21stNovember 2024, the broader NZ market closed the session marginally higher as S&P/NZX 50 Index witnessed a rise of 0.22% to end the session at 12,765.240 and S&P/NZX 20 Index rose by 0.13% to 7,691.900. On the same day, S&P/NZX 10 Index …

Index Update:On 22ndNovember 2024, the broader NZ market ended higher amidst robust buying momentum in the consumer staples sector. On the same day, S&P/NZX 50 Index witnessed a rise of 2.17% to end the session at 13,041.900 and S&P/NZX 20 Index rose by 2.40% …

Index Update:On 20thNovember 2024, the broader NZ market ended in red as selling was witnessed in the materials sector. On the same day, S&P/NZX 50 Index witnessed a fall of 0.62% to end the session at 12,737.060 and S&P/NZX 20 Index fell by 0.64% …

Macro Update: Recently, RBNZ stated that NZ banks are well-positioned to continue supporting households and businesses, which includes effectively handling any potential loan defaults. The financial institutions are well prepared to ensure that credit remains available for households and businesses. The strength of NZ’s …

Macro Update: On 18thNovember, Stats NZ released data about business price indexes (September 2024 quarter). In the September 2024 quarter, output producers price index (PPI) witnessed a rise of 1.5% and input PPI increased 1.9% as compared to June 2024 quarter. Notably, farm expenses …