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| Weekly Commentary Archive | | | | For the latest copy of the Weekly Commentary click here... | | | | 9th October 2006 | | The local sharemarket is failing to follow the lead of Wall Street, which has hit record highs this week. Our market is relatively lacklustre, although there are some bright spots. Telecom is not one of them, having drifted in the wake of a ...more | | | | 2nd October 2006 | | The sharemarket firmed towards the week end after the US Dow Jones Industrial reached an all-time high. The market is also reacting to a lot of takeover activity, some of it real and other rumoured.
Analysts scoffed at a business model that ...more | | | | 25th September 2006 | | The market had a tough run towards the week’s end as investors mulled over a monstrous current account deficit at $15.2b. Feltex shares tumbled after announcement of its receivership and the NZX-50 index as a whole was down.
The game appears to ...more | | | | 18th September 2006 | | The surprise bid for The Warehouse lifted the tone of the market late in the week as it shrugged off a threat by Reserve Bank governor Alan Bollard to hike interest rates again.
The market was caught unawares by Stephen Tindall's bid to ...more | | | | 11th September 2006 | | The market drifted down this week in the wake of disappointing results and high drama surrounding Feltex in particular. Feltex shares rose as investors clung to the hope of rescue, while The Warehouse fell when its result failed to match ...more | | | | 4th September 2006 | | The market was underpinned by continued recovery in Telecom (TEL) which has gained over several days on the prospect of paying a special dividend from the possible sale of its directories business. It’s unclear, however, how shedding its most ...more | | | | 28th August 2006 | | The week began badly with the market drifting down as disappointing results followed one another. However, there was a better mood towards the week end and many of the worst effected shares started recovering.
Fisher & Paykel Healthcare (FPH) has ...more | | | | 21st August 2006 | | The NZ market was generally lacklustre this weak despite a strong lead from the US, where tame inflation data encouraged a spate of buying. The firmer currency was putting pressure on export-related stocks, such as F&P Appliances and Pumpkin Patch, ...more | | | | 14th August 2006 | | The sharemarket firmed towards the end of the week in defiance to the huge terrorist threat in the UK, following the lead from Wall Street. Ironically, Auckland Airport picked up from its recent weakness to record early gains, despite the likely ...more | | | | 7th August 2006 | | The corporate reporting season is about to get into full swing, and what it delivers could have a big impact on the market in general. There is conflicting information out there about the state of businesses and the figures will give us a better ...more | | | | << Previous | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | >> Next | |
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