Last week was a very good one for local investors.
The NZX 50 enjoyed its seventh positive week out of the last eight, rising 4.0%, the strongest weekly gain in more than four years.
The index is up 10.4% from its recent lows, and at its highest level since January 2022.
In the days ahead, markets will be kept busy with a busy week of corporate results, as the likes of a2 Milk, Freightways, Fletcher Building, Auckland Airport and Port of Tauranga all report earnings.
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Market Insights enewsletter
Keep up to date with our fortnightly Market Insights enewsletter. Our research team provide timely and regular commentary and analysis on market developments, understanding investment jargon, and the impact of current events.
Mark Lister
Investment Director
Market Insights enewsletter
Keep up to date with our fortnightly Market Insights enewsletter. Our research team provide timely and regular commentary and analysis on market developments, understanding investment jargon, and the impact of current events.