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1 March 2021 -
Week Ahead, Feb Wrap | Tourism Holdings
It was a mixed February for share markets, with the New Zealand, Australia, and US markets returning -6.9%, +1.5%, and +2.8% respectively for the month.
1 March 2021 -
Tech Stocks Tumble | A2 Milk Update
A2 Milk plunged another -15% yesterday after lowering its full-year earnings guidance for the third time.
1 March 2021 -
RBNZ Sees NZD Jump to 74 Cents | Sydney Airport
The market is now expecting a full 25bps hike by August 2022. The prospect of higher NZ interest rates saw the currency surge, and it is now trading at 74.5 cents versus the US dollar.
1 March 2021 -
Value Rotation | Summerset Delivers
SUM has rallied but is still our top pick in the retirement village sector, providing better value than Ryman
1 March 2021 -
Rates Hit Tech Stocks | Costa Result Blooms
Shares of Apple, Microsoft, Alphabet, Tesla, and Amazon resumed their slide from the previous week, with Tesla suffering the biggest hit, down -8.5%.
Global markets were mixed on Friday (S&P 500 index -0.2%) helped by a rise in economy-sensitive cyclical sectors, with the S&P 500 and the Nasdaq on track to end the week on a dull note as investors rotated out of technology-related companies.