News

The U.S. equity markets staged a powerful rebound on March 23, 2026, as investors reacted positively to signs of de-escalation in geopolitical tensions and a sharp decline in oil prices. TheDow Jones Industrial Averagerose by over 600 points, while theS&P 500andNasdaq Compositeeach gained more …

Index Update:On 23rdMarch, the broader NZ market witnessed a decline amidst broad-based sell-off on the Wall Street on 20thMarch. On the same day, S&P/NZX 50 Index witnessed a fall of 0.69% to end at 12,899.720 and S&P/NZX 20 Index fell by 0.69% to close …

Synlait Milk Limited (NZX:SML) has released its half-year results for the period ending 31 January 2026, reporting a challenging performance driven by a combination of operational, market, and tax-related factors. Reported EBITDA was a loss of $34.7 million, with an underlying EBITDA of $4.1 …

Fonterra Co-operative Group Ltd (NZX:FCG) has reported a solid start to FY26, delivering strong revenue growth and improved profitability. Total Grouprevenuereached NZ $13.9 billion for the first half, up NZ $1.3 billion year-on-year, while operating profit rose to NZ $1,231 million.Profit after taxincreased to …

New Talisman Gold Mines Limited (NZX:NTL) has moved forward with the next phase of its strategic roadmap by launching detailed geological modelling at the Talisman Gold Mine. The focus is on better understanding mineralisation within key lodes using historical data and advanced analysis. Alongside …

New Zealand’s stock market ended slightly lower on March 23, 2026, reflecting cautious investor sentiment amid weak global cues. TheS&P/NZX 50Index recorded a decline, with trading largely confined to a narrow range. While international pressures, including recent weakness in U.S. markets and macroeconomic uncertainties, …

U.S. stock markets ended sharply lower on March 20, 2026, as investors reacted to a mix of macroeconomic and geopolitical pressures. TheDow Jones Industrial Average,S&P 500, and Nasdaq Composite all posted notable losses, reflecting a broad risk-off sentiment. Rising bond yields reduced the attractiveness …