News

Closer to home, Tuesday saw the IPO listing of Napier Port, with demand for the stock seeing it close the day up +13.5% to $2.95 a share.

Global markets were higher overnight as US and European stocks began the week strongly as investors bet monetary policy will remain easy as central bankers work to stoke economic growth.

Closer to home, the local focus will likely remain on company earnings announcements, with a number of ASX/NZX heavyweight stocks reporting results this week. 

This weeks Stock Market Movers podcast ​discusses investing theory and how to think about falling markets. 

Global markets ​tumbled overnight with US markets down circa -3%, the worst trading session so far in 2019. Market volatility has jumped in August with every trading day seeing at least a 1% movement in US markets. 

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Global markets bounced overnight after the Trump administration announced a delay on select Chinese import tariffs, bringing buyers back to the equities market in a broad-based rally.

In Hong Kong, increasingly violent demonstrations have plunged the Chinese-ruled territory into its most serious crisis in decades.

For the week ahead, the focus locally will be on corporate profit announcements across Australia & NZ.

​The latest stock market movers podcast discusses valuing and how to think about Intangible Assets.