News

We remain BUY rated on Summerset as our top retirement pick due to the MET takeover, and as it  is more attractively valued than peer Ryman Healthcare.

Global markets were mostly lower on Friday on the back of mixed economic data and as US stimulus talks remain in a stalemate.

Closer to home, NZ lockdown extension measures were announced that were largely “as expected”, and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

Closer to home, NZ lockdown extension measures were announced that were largely “as expected”, and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

Global markets were mostly lower overnight, with the US market edging lower (S&P 500 Index -0.8%) as uncertainty grows around a covid-19 stimulus bill with negotiations at a stalemate.

Global markets were mostly up overnight, with the US market climbing higher (S&P 500 Index +1.4%) and briefly surpassing its record high close in February intra-day.

Global markets were mostly lower overnight, although Apple kept the Nasdaq Technology Index in positive territory as it is set to announce a series of new bundled products

Global markets were mostly higher overnight (S&P 500 Index +0.6%) with technology stocks once again leading the charge.

Global markets were mostly higher on Friday (S&P 500 Index +0.06%), although the technology sector gave back some of its recent gains which weighed on the US market.