Summary The S&P/NZX 50 index is recovering in momentum with a price appreciation of ~ 43.79 per cent in a relatively short span. The surge in the major equity index is well supported by the bullish setup of some blue chips stocks. Blue chi...
Summary P/E helps in determining whether the stock is undervalued or overvalued. Relying only on P/E is not advisable while valuing a stock as market players need to consider other valuation multiples as well. Generally, market participants be...
Summary NZX emerged as a rescuer in keeping businesses afloat during coronavirus pandemic. Secondary capital raisings observed a remarkable rise of 61.6 per cent Y-o-Y in HY 2020, as per NZX Limited’s recent half year shareholder metrics....
Summary The major equity index, i.e., NZX 50 has posted a recovery of ~ 43.79 per cent since the onset of the second quarter. The surge in the index is well supported by market sentiments, leading to a surge in many stocks on the exchange. Out...
Summary ROE is a good measure to assess whether to enter a stock or not. ROE should be compared with the figure of industry median to have a better picture of the stock. Apart from ROE, market players need to examine other key metrics also li...
Summary Oil market has been one of the hardest-hit markets, owing to the COVID-19 outbreak and its aftermaths as travel ban and nationwide lockdown, impacting the demand for retail fuel considerably, especially for jet fuels. West Texas Interme...
Summary Health of the global economy affects the performance of stock markets in New Zealand. CAV notified the market about four strategic pathways which could drive its growth. Total recurring revenue of PYS rose by 54% compared to Q1 FY 2020...
Summary Operating Margin is a critical factor used by fundamental analysts. PCT’s operating margin has improved between FY 2015- FY 2019. THL anticipated reporting an underlying NPAT of $17.5 million to $19 million for FY20. While...
Summary Tourism New Zealand suggests that local tourists footfall peaked outside their home region at 550,000 on 11th July. 64% of Kiwis intend to take a domestic holiday within the next one year. Trans-Tasman bubble between New Zealand and Au...
Summary Retail NZ Sales Index marked a year-on-year rise of 34 per cent in June, while NZ retail card spending soared by ~16 per cent during the month. Improved trading conditions led to a significant uplift in retailer confidence in June, with...
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