Fletcher Building’s share price has plunged by 8.11% today. Fletcher Building is one of New Zealand’s largest listed companies.
Most people like to pretend they have some idea about this aspect of finance. They like to think they’re smart enough to be the Wolf of Wall Street…or the Ape of the NZX…or the Numbat of NASDAQ…
Don’t worry, you aren’t expected to know what a numbat is. But as for the NZX or NASDAQ…
Well, anyone wanting to even lightly dabble in stocks needs to know their way around these. In fact, you need to know your way into these.
Where are the stocks?
NASDAQ is short for the National Association of Securities Dealers Automated Quotations —an American electronic stock exchange. The Kiwi equivalent is the NZX — the New Zealand Securites Exchange.
You aren’t a true investor if you don’t visit these websites on a daily basis.
They show you what stocks are on the rise…how long they’ve been on a rise…the highest price they’ve ever hit…and of course, they can tell you the opposite…
But it’s not enough to type a company name into Google and check out the share price graph. Not if you want to be serious about investing, that is.
Where the treasure of the market lies
As an investor, you need to dig deeper than the mainstream headlines to see where the stock market’s really at. The true stock opportunities aren’t going to be on the first page of a Google search.
They’re going to be hidden amidst the daily NZX and NASDAQ announcements and reports.
I told you it was more than just graphs.
Luckily, here at Money Morning, we’re prepared to do the hard yards for you.
We’ll search through all the information, and piece together the stories that drive the stock market moves. And it will all be available to you right here, on this page.
We aim to provide you with insight you won’t get anywhere else, to help you stay ahead of the investing curve.
We’ll talk about the stuff that isn’t making any headlines…the stuff people don’t want to reveal.
New Zealand stock market news
Discover the latest insights on global and New Zealand share markets right here…so that you can buy, sell and trade shares, with minimal loss and for maximum profit.
With updates daily you’ll always be up to speed with the latest moves of the stock market.
Check out the latest news down below.
We all use Facebook and Google for leisure and work. But is it really as harmless as it seems? They have trapped us in a web of surveillance and censorship.
Renters in Mount Maunganui are being kicked out of properties to make room for Airbnb guests. Here’s why the local council needs to stay out of it.
The Sky Network Television Limited [NZX:SKT] share price has dived by 2.8%. Sky — founded in 1987 — is New Zealand’s largest pay-per-view satellite TV provider.
Today I wanted to discuss why jumping into technology stocks now, could be a great decision. Of course, you’ll have to pick the right ones. Let’s get into it…
The Reserve Bank of New Zealand, a potential money-laundering scheme and an unusual gold mine in Peru. Lots of juicy details regarding the recent liquidation of insurance company CBL.
Take a look outside the US (and the NZX), and there are stocks trading for rock bottom prices with little to no debt. Here are two examples…
Even when investors stumble across a good idea, they often do very poorly by taking that idea to extremes. Let me explain why…
The US may be looking like it is on a winning streak, but US consumers are basing future expectation on past performance. The problem with this thinking is that it is flawed.
From an economic perspective, a brand-new industry like cannabis can ignite a period of prosperity. It falls in line with the economic theory of Joseph A Schumpeter.
To jump or not to jump out of a volatile market, that’s the question the mainstream is asking right now. What if you’re close to retirement and you’re just holding the market right now?
When the stock market responds to strong economic news with falls, it’s not a bullish sign, folks. Why? Because it means the Fed will continue raising rates.
When an expert on mobile tech predicts a big shake-up, we listen. Because a change in mobile likely affects more people than a change in any other tech sector.
Is that it? Stocks had a terrible October, but now everything will rally until the end of the year? It’s what market research firm Fundstrat seems to think.