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| Weekly Commentary Archive | | | | For the latest copy of the Weekly Commentary click here... | | | | 26th February 2007 | | The sharemarket has continued to lose steam in an environment of mixed reporting. Investors also seem more willing to take profits as even creditable results from a company can see its share price falling.
Mainfreight (MFT) reported a 27% ...more | | | | 19th February 2007 | | The New Zealand market drifted down towards the week end as some weak results started coming through. The latest result was from Steel and Tube which reported a slowdown in building activity, which is never a good sign for the economy.
Steel & ...more | | | | 12th February 2007 | | The sharemarket weakened towards week end, following a similar weakening on Wall Street. F&P Appliances continues to be hammered for its gloomy profit update and Telecom also lost some ground.
Provenco (PVO) shares did not react well to the ...more | | | | 5th February 2007 | | The New Zealand sharemarket dipped slightly on news of the Telecom half year profit, and simultaneous resignation of its CEO. However, the market has had a very strong run recently and the overall mood is still very optimistic, ahead of a run of ...more | | | | 29th January 2007 | | The New Zealand share market eased off in late trading despite the Reserve Bank's decision to leave official interest rates unchanged. Results are currently driving the individual share prices, and for retailers, the results are not looking ...more | | | | 22nd January 2007 | | Takeover activity revolving around The Warehouse and Contact Energy has helped boost the sharemarket to a new high. Telecom also broke above $5 as the good news surrounding the bellwether share begins to outweigh the bad.
Sky Television (SKT) ...more | | | | 15th January 2007 | | The share market lost some ground towards the week end as investors took profits. Its seems clear that shares like Ryman and Fletcher Building have become overheated mainly through retail support of individuals.
Guinness Peat Group (GPG) shares ...more | | | | 8th January 2007 | | The New Zealand share market retreated from record highs towards the week end although several blue chip shares continued to surge ahead. Medical products company Ebos hit a record $6.
Contact Energy (CEN) reached a record high of $8.40 following ...more | | | | 1st January 2007 | | New Zealand shares hit another record with retail stocks performing particularly well. This indicates that the market believes retailers are experiencing a very strong Christmas season.
Shares in The Warehouse (WHS) have reached their highest ...more | | | | 25th December 2006 | | While the New Zealand economy expanded only half as much as had been expected in the September quarter, the share market leapt to new highs as key stocks continued to add to recent gains. The important 4000 level in the NZX 50 was breached for the ...more | | | | << Previous | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | >> Next | |
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