The South Island Index

Analysis

The Deloitte South Island Index

Tracking the performance of the South Island economy

The Deloitte South Island Index (‘the Index’) was developed in order to establish an objective way to measure and monitor the South Island economy relative to the rest of New Zealand. The Index provides listed companies with the opportunity to gauge how their respective quarterly movements in market capitalisation compare with those of other South Island listed companies. The Index also allows privately held firms and other entities such as council-controlled operations or state owned enterprises to form a view as to where they would place on the Index if they were listed.

First published in April 2008, an audience has emerged that is interested in distinguishing the South Island index’s performance from that of the NZX 50 and the trends highlighted over time are proving to be of ongoing interest to many. Explore the latest edition of the index below, or dig deeper through previous editions.

South Island Index: 34th Edition

Gold in the schist

A year in review 2016

Welcome to the 34th edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 June 2016.

The Deloitte South Island Index continues to set new highs as it seemly settles into a pattern of solid performances and taking advantage of golden opportunities as they are discovered. Several companies had an outstanding twelve months with significant activities resulting in large gains in one or two of the quarters. Overall the Deloitte South Island Index exceeded its result from the previous year to 30 June, gaining $3,771.7 million (26.0%) to the year ended 30 June 2016, and increased a respectable 3.8% in the most recent quarter.

South Island Index: 33rd Edition

Negotiating rocky paths

Welcome to the 33rd edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 March 2016. 

The Deloitte South Island Index started off the 2016 year on a positive note gaining $1,124.6 million (6.8%) during the quarter ended 31 March 2016. Despite the solid headline result it masks an underlying mixed bag of performances, raising questions of whether the rocky paths of 2015 is likely to repeat, and how the Mainland companies will negotiate the trails ahead?

South Island Index: 32nd Edition

A turning tide?

Welcome to the 32nd Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 December 2015.

In a surprising turnaround from the first three quarters of 2015 the results for the quarter ended 31 December 2015 were phenomenal, with the Deloitte South Island Index gaining $2,043.8 million (14.1%). The result is the largest quarterly gain ever achieved by the Index since its inception in 2007 with growth across all sectors, driving the Index to new heights finishing the year 17.7% higher than the end of 2014. This result raises the question: has the tide turned or is a rogue wave on its way to knock us off our feet again?

South Island Index: 31st Edition

An underlying current of activity?

Welcome to the 31st Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 30 September 2015.

On the surface, the results over the past three months appear to continue with the trend of a tough and challenging year, with the companies on the Deloitte South Island Index falling $50.6 million (0.3%) for the quarter ended 30 September 2015. However, looking deeper into the results an undercurrent of positive activity is emerging with the smallest 20 companies on the Index collectively achieving a gain of $133.4 million (13.6%) for the quarter.

South Island Index: 30th Edition

Battling adverse conditions

Welcome to the 30th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 June 2015.

South Island Index: 29th Edition

Meeting the challenge

Welcome to the 29th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 March 2015.

South Island Index: 28th Edition

The latest heat wave

Welcome to the 28th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter to 31 December 2014.

South Island Index: 27th Edition

Storm on the horizon?

Welcome to the 27th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 September 2014.

South Island Index: 26th Edition

The long winding road

Welcome to the 26th Edition of the Deloitte South Island Index. In this edition we reflect on the performance of South Island listed companies during the most recent quarter and review the past year to 30 June 2014.

Previous editions

25th Edition
A review of the performance of South Island listed companies during the quarter to 31 March 2014

24th Edition
A review of the performance of South Island listed companies during the quarter to 31 December 2013

23rd Edition 
A review of the performance of South Island listed companies during the quarter to 30 September 2013

22nd Edition
A review of the performance of South Island listed companies during the year to 30 June 2013

More topics

Scott McClay

Partner

Careers

Financial Advisory Careers

Join our market leading Actuarial Services, Corporate Finance, Deloitte Forensic or Recovery practices to build a career in Financial Advisory with Deloitte. Our teams are specialists in their fields and provide  accurate and innovative advice to help our clients succeed.