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NZ Market Closes Lower Amidst Sell-off in IT Sector

Index Update:On 4thMarch 2025, the broader NZ market closed lower amidst decline in the IT sector. On the same day, S&P/NZX 50 Index witnessed a decline of 0.64% to end at 12,469.710 and S&P/NZX 10 Index encountered a fall of 0.59% to close at …

Team Kalkine | 04 March 2025

NZ Market Ends in Red: A Quick Look

Index Update:On 3rdMarch 2025, the broader NZ market ended lower amidst decline in the financials sector. On the same day, S&P/NZX 50 Index witnessed a fall of 0.41% to end at 12,550.050 and S&P/NZX 20 Index fell by 0.52% to close at 7,516.760. Also, …

Team Kalkine | 03 March 2025

Heartland Group (NZX:HGH) Eyes Growth with Profit Targets and Digital Transformation Plans

Heartland Group Holdings Limited (NZX:HGH), a financial services provider with operations in New Zealand and Australia, has recently reduced its dividend payout despite a significant increase in net intersect income in the six months ended 31 December 2024 (H1FY25).

Team Kalkine | 03 March 2025

Buying in IT Sector Supports Broader NZ Market

Index Update:On 28thFebruary 2025, the broader NZ market closed the session higher amidst buying in the IT sector. On the same day, S&P/NZX 50 Index witnessed a rise of 0.48% to end the session at 12,601.420 and S&P/NZX 20 Index increased by 0.63% to …

Team Kalkine | 28 February 2025

Genesis Energy (NZX:GNE) Reports Revenue and Profit Growth in 1HFY25, Sets Optimistic FY25 Outlook

Genesis Energy Limited (NZX:GNE), a diversified energy company, has posted 27% YoY jump in revenue in the first half of the financial year 2025 (1HFY25), attributed to higher wholesale prices in both thermal and renewable generation, alongside strategic retail pricing initiatives. Meanwhile, net profit …

Team Kalkine | 27 February 2025

NZ Market Closes Higher

Index Update:On 27thFebruary 2025, the broader NZ market ended in green amidst significant buying in the financials sector. On the same day, S&P/NZX 50 Index witnessed a rise of 0.71% and S&P/NZX 20 Index rose by 0.68% to close at 7,508.730. Also, S&P/NZX 10 …

Team Kalkine | 27 February 2025

Is VanEck Gold Bullion ETF (ASX: NUGG) a Safe Haven Amidst Market Volatility?

The VanEck Gold Bullion ETF (ASX: NUGG) offers exposure to Australian-sourced gold. It also aids in portfolio risk management, especially during times of market volatility or when confidence in global reserve currencies diminishes. NUGG is backed by physical Australian-sourced gold bullion, providing a tangible …

Team Kalkine | 26 February 2025

YieldMax™ Universe: An Income-Focused ETF with 27% Annual Return

TheYieldMax™ Universe Fund of Option Income ETFs (YMAX)is an actively managed exchange-traded fund designed to generate current income. As a "fund of funds," it primarily allocates its assets into shares of other ETFs, rather than directly investing in individual company securities. Additionally, the fund …

Team Kalkine | 26 February 2025

NZ Market Witnesses a Rebound

Index Update:On 26thFebruary 2025, the broader NZ market witnessed a rebound after significant selling pressure. On the same day, S&P/NZX 50 Index encountered a rise of 1.18% to end the session at 12,452.460 and S&P/NZX 20 Index rose by 0.98% to 7,458.080. Also, S&P/NZX …

Team Kalkine | 26 February 2025

NZ Market Witnesses Significant Sell-off

Index Update:On 25thFebruary 2025, the significant broad-based sell-off impacted the NZ market. Also, strong selling momentum was witnessed in the materials sector. On the same day, S&P/NZX 50 Index witnessed a decline of 1.79% to close at 12,307.270 and S&P/NZX 20 Index fell by …

Team Kalkine | 25 February 2025