News

New Zealand King Salmon Investments Limited (NZX:NZK) has upgraded its FY26 earnings guidance following stronger-than-expected operational performance during the summer farming period. The company now expects pro-forma EBITDA in the range of $19 million to $27 million, significantly higher than its earlier forecast. This …

Overview

Overview

U.S. equity markets extended their rally on April 16, 2026, with major indices closing higher and hovering around record levels. The S&P 500 and Dow Jones Industrial Average posted steady gains, while the tech-heavy Nasdaq Composite outperformed, supported by continued strength in large-cap technology …

New Zealand equities are trading largely flat on April 17, 2026, with the S&P/NZX 50 Index struggling to hold early gains and moving within a narrow range. The index briefly moved higher during morning trade, supported by positive global cues, but failed to sustain …

New Zealand’s equity market opened on 16 April 2026 with a mildly positive tone, reflecting strong overnight gains on Wall Street. The rally in US markets, where the S&P 500 and Nasdaq reached fresh record highs, helped improve global risk sentiment and encouraged early …

Fletcher Building Limited (NZX:FBU) reported its Q3 FY26 quarterly volume update, highlighting early signs of recovery across parts of its portfolio, although trading conditions remain challenging. Light Building Products delivered encouraging growth, supported by increased renovation activity in New Zealand and improving demand across …