New Zealand’s sharemarket has tracked sideways through the first half of 2026 |…
New Zealand’s sharemarket has tracked sideways through the first half of 2026 | Herald NOW Business
NZ Herald ·
New Zealand’s sharemarket has tracked sideways through the first half of 2026 | Herald NOW Business
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{"v":1,"chapters":[{"timeSeconds":0,"label":"Market Sideways, But Underlying Strength","summary":"The New Zealand sharemarket has tracked sideways through the first half of 2026. However, beneath the surface, the market has shown underlying stability."},{"timeSeconds":10,"label":"Middle East Conflict's Economic Impact","summary":"The Middle East conflict has reshaped economic expectations for the year. Mohandeep Singh from Craigs Investment Partners discusses its impact on the NZ economy."},{"timeSeconds":31,"label":"NZ Market Sideways Amid Global Shocks","summary":"The NZ market is described as sideways due to global shocks. The currency has weakened significantly, reaching decade lows against the US dollar and pound."},{"timeSeconds":46,"label":"Exporters Benefit from Weaker Currency","summary":"The weaker NZ dollar is beneficial for exporters, with companies like Fisher & Paykel and Scales Corporation performing well. These companies earn a significant portion of their revenue offshore."},{"timeSeconds":58,"label":"Utilities and Healthcare Lead Gains","summary":"Utilities and healthcare sectors are leading the market gains. These defensive sectors are seen as resilient regardless of the broader economic climate."},{"timeSeconds":105,"label":"Early Momentum Fades for Some Sectors","summary":"The initial momentum seen at the start of the year has waned for some sectors. Companies in cyclical areas like construction and retail may see recovery later."},{"timeSeconds":125,"label":"Impact of Lower Fuel Prices","summary":"Lower fuel prices are expected to put money back into consumers' pockets. This could lead to increased spending and a return to earlier market momentum."},{"timeSeconds":305,"label":"Interest Rates and Market Attractiveness","summary":"Interest rates play a crucial role in market attractiveness. As interest rates rise, the relative attractiveness of dividend-paying stocks may decrease."}]}
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