News

Global markets were mostly lower on Friday, with the US market (S&P 500 index -0.03%) ending the session flat as the much anticipated jobs report for the month of August missed.

Global markets were weaker overnight, but while US markets (S&P 500 -0.1%) slipped slightly they managed to finish the month strong +2.9%, wrapping up its seventh-straight month of gains – the longest wining streak since Jan 2018.

Global markets were mixed overnight, with the US market (S&P 500 +0.03%) holding flat, whilst the tech heavy Nasdaq Index rose +0.3% to close at another new high.

Global markets were mostly up on Friday, with US markets (S&P 500 +0.9%) closing at fresh record highs.

Global markets were mostly up overnight as they look to finish the month on a strong note, with US markets (S&P 500 +0.4%) closing at fresh record highs.

A2 Milk shares slumped -11% yesterday after delivering a weak result which was mostly expected by the market.

We remain BUY rated as our favoured large cap NZ retirement village with strong growth potential, while also remaining reasonably priced.

We focus on local earnings season today as global market moves were muted overnight, ahead of fresh clues around the path of interest rates from central bankers at the Jackson Hole meeting.

Global markets were higher overnight, as US markets (S&P 500 +0.8%) closed just shy of fresh record highs.