News

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3 July 2017 -

June Wrap | Spark Investor Day

Global markets were mixed on Friday as the US market recovered ahead of the US Independence Day break. Friday night’s moves in US shares were met with some relief by investors, after hints of reduced stimulus from major central banks such as the European

30 June 2017 -

Miners Rebound | SkyCIty Drops as Chairman Departs

Global markets were mixed overnight as European markets were slightly lower while the US market added to gains over the day. Technology, Financials, and Mining sector stocks lifted the market overnight as central bankers in Europe, England and Canada expr

30 June 2017 -

Global Volatility Returns| Summerset’s Upgrade

Global markets experienced their biggest drop in a month overnight, with particularly high levels of volatility being experienced in the Technology sector. Tech stocks, which have led the S&P 500’s record run this year, have pulled back recently after som

30 June 2017 -

Global Volatility Returns | Summerset’s Upgrade

Global markets experienced their biggest drop in a month overnight, with particularly high levels of volatility being experienced in the Technology sector. Tech stocks, which have led the S&P 500’s record run this year, have pulled back recently after som

28 June 2017 -

US Tech Stocks Recover | Ardent Leisure Disappoints

Global markets were mixed on Friday as the Nasdaq (US Technology Index) posted its first weekly gain in three weeks, while energy shares rebounded as oil prices rose. The Financial sector weighed on Wall Street even after they passed their annual stress t

28 June 2017 -

Markets Drift | Sky TV & Vodafone Give Up on Merger

Global markets were generally higher overnight as the main US markets advanced in late afternoon trading but a fall in technology stocks capped gains on the Nasdaq. The Price of gold fell to its lowest level in 6-weeks as a large sell order hit the market

28 June 2017 -

NZX at New High | Tegel’s Full Year Profits

Global markets were lower overnight following the resumption of a sell-off across US Technology stocks, with the latest round of selling being triggered by a record fine against Google’s parent company Alphabet from the European Union. On the flipside, mi

28 June 2017 -

NZX Breaks Out to New High | Tegel’s Full Year Profits

Global markets were lower overnight following the resumption of a sell-off across US Technology stocks, with the latest round of selling being triggered by a record fine against Google’s parent company Alphabet from the European Union. On the flipside, mi

23 June 2017 -

RBNZ on Hold | Tourism Holdings Soars

Yesterday saw the Reserve Bank of NZ hold the official cash rate at a record low of 1.75%. The RBNZ said that they will look through a recent pick-up in inflation which is being seen as temporary, while Governor Wheeler tried to talk down the high NZD. E