New Zealand market update

Another New Zealand company results season is now in the rear-view mirror.

This has certainly been one of the more challenging ones in terms of earnings performance across the board.

Likewise, outlook statements have been generally cautious given the economic backdrop continues to be challenging.

With one Official Cash Rate (OCR) cut having already occurred, and more expected in the coming months, there is certainly some light emerging at the end of the interest rate tunnel.

This will ultimately help support economic growth, and earnings improvement from companies, in time.

In this video, Mohandeep Singh, Portfolio Manager, shares some of his highlights.

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