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Weekly Commentary Archive
 
For the latest copy of the Weekly Commentary click here...
 
18th December 2006
The NZ share market continued to reach for record peaks this week, despite weakness in Telecom. This followed the trend for the Dow industrials in the US, which surged to a record high as strong earnings came through. Shares in Air New Zealand ...more
 
11th December 2006
The sharemarket stayed just below its record high point, aided by a recovery in Telecom (TEL). Whenever Telecom drifts down, its already high dividend yield goes higher and this must attract yield investors into TEL despite the worries about its ...more
 
4th December 2006
The New Zealand sharemarket remained near a record level after Wall Street recovered from successive falls. Moreover, market heavyweight Telecom managed to shrug off news of its impending split and held up well. Restaurant Brands (RBD) is ...more
 
27th November 2006
The New Zealand share market soared to a fresh high with Fletcher Building leading the charge. However, The Warehouse warned that retailing conditions remained very tough and the Christmas season was vital to its earnings and others in retailing. ...more
 
20th November 2006
Helped along by Wall Street, the share market continued to rise this week even though profit takers emerged late in the week. Fletcher Building (FBU) has lost some steam following its astonishing rise on the back of the prospect that it will build ...more
 
13th November 2006
The New Zealand sharemarket reached another record this week through a combination of good results and takeover speculation. Fletcher Building (FBU) continues to gain on talk of it being an obvious target and Fisher & Paykel Appliances staged a ...more
 
6th November 2006
The sharemarket strengthened towards the end of the week, but Telecom ended its recent run to slip slightly in light of its recent results and news of the sale of Yellow pages. Most investors seem to be encouraged by what they hear at the AGM of ...more
 
30th October 2006
The sharemarket rejoiced at Reserve Bank governor Alan Bollard's decision to keep interest rates unchanged. This combined with news from the US, where the Dow reached to a new high, has left investors feeling confident. Freightways' (FRE) profit ...more
 
23rd October 2006
It was a significant week where The Dow Jones industrial average closed above 12,000 for the first time. Our market caught the spirit and has been fairly strong, although particular shares like Contact Energy have been in decline. Stockmarket ...more
 
16th October 2006
The NZ share market has failed to take much notice of US stocks hitting a record high and our market was relatively flat for most of the week. Towards week end, however, a flurry of corporate activity kicked some life into NZ shares in ...more
 
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