Leaders, property sector helps drive NZ stocks higher – Market close
Interest rate-sensitive stocks stand to benefit from OCR cut next week. Source: NZ Herald Business News
US slaps 10% tariff on NZ timber imports, industry warns of major impact
The US bought $370m worth of New Zealand radiata pine products in 2024. Source: NZ Herald Business News
Power firms rally as Government confirms no structural split for generators
An LNG import terminal is being explored to bolster dwindling local gas supply. Source: NZ Herald Business News
NZ dollar still suffering after GDP dip
Traders fully expect a 25 basis point cut next week by Reserve Bank to cash rate. Source: NZ Herald Business News
Hallenstein Glasson stars as NZ stocks drift lower – Market close
Hallenstein Glasson's profit jump stands out on a softer NZX trading day. Source: NZ Herald Business News
Should KMD sell assets? Four questions for Synlait – Stock Takes
In other news, Miles Hurrell starts cashing in on his incentive plan. Source: NZ Herald Business News
Fonterra: Earnings gap left by Mainland sale to be filled within three years
CEO Miles Hurrell is confident in the milk price forecast. Source: NZ Herald Business News
NZ stocks claw back lost ground to end firm – Market close
A gain in Ebos and expectations of lower interest rates have boosted NZ stocks. Source: NZ Herald Business News
Interest rate markets raise odds of big Official Cash Rate cut in October
The interest rate markets are raising the odds of a 50-basis-point rate cut next month. Source: NZ Herald Business News
GDP slump sparks calls for Reserve Bank to deliver 50bps rate cut in October
Pressure is mounting on the Reserve Bank to cut rates sooner after poor GDP data. Source: NZ Herald Business News