This is tied quite a bit to what is going on with Russia. Demand is artificially drying up there due to trade restrictions. Looks like a world glut until the Ukranian stoush sorted.
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What’s a contender for benefit come Monday morning.
MEL, MRP, CEL, maybe NTL, CRP, CNU, Others ?
Gentailers, AIR, FSF and CNU spring to mind for me
I think all NZX50 stocks will rise to some degree, some partly due to relief
Agree
Gentailers more than most.
Not sure about CNU. I though National threw them out to dry so interesting to see if they now backtrack.
Not sure of the effect on the dollar either (impacting FSF and FPH)
Negative for FBU. The rebuild is factored in, the left gave them an potential upside - if you have to build 100,000 homes, Fletchers would have played a large part.
Expect a lift overall including retirement sector stock now we have certainty ,CNU is an interesting one as the Govt has basically told them they are on their own and there is still plenty ahead that could go against them but with Nationals current position they could give the ComCom a good kick in the guts if they wanted to with the bleeding hearts fringe groups left now with little power to stop them, will be an interesting watch.
Yeah, good news for the NZSX50 - John Key and National won!
Gentailers and AIR:t_up: