News

Genesis Energy Limited (NZX:GNE) has successfully completed its NZ$300 million pro rata renounceable rights offer, receiving strong backing from shareholders. The offer achieved an 80.9% take-up rate, with NZ$242.7 million in applications, including continued participation from the Crown, which retains its 51% stake. Additional …

Viva Energy Group Limited (ASX:VEA) has welcomed the Federal Government’s update to the Fuel Security Services Payment (FSSP), which provides critical financial support to domestic refineries. The changes ensure that Geelong Refinery’s current operating and sustaining capital costs are fully considered, reinforcing the role …

U.S. stock markets ended lower on March 19, 2026, as investors reacted negatively to a mix of macroeconomic pressures. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posted moderate losses, reflecting cautious sentiment across sectors.

Index Update:On 19thMarch, the broader NZ market closed lower amidst sell-off in the healthcare index. On the same day, S&P/NZX 50 Index witnessed a fall of 1.98% to end at 13,051.610 and S&P/NZX 20 Index declined by 2.35% to 7,358.460. Also, S&P/NZX 10 Index …

Turners Automotive Group Limited (NZX:TRA) has upgraded its FY26 earnings guidance, reflecting robust trading across all core divisions. The Group now expects net profit before tax (NPBT) of approximately $63 million, up from the previous $60 million, approaching its FY28 target of $65 million. …

On March 18, 2026, U.S. stock markets experienced a broad-based sell-off as investors digested a mix of economic signals and global developments. TheDow Jones Industrial Averagefell roughly 1.6%, marking its lowest level in months, while theS&P 500and Nasdaq Composite dropped approximately 1.4% and 1.5%, …

EVE Health Group Limited (ASX:EVE) has updated its March 2026placement, confirming an additional $400,000 commitment from a cornerstone investor, lifting total funds raised to approximately $1.3 million. The placement was completed at $0.02 per share, with investors receiving two unlisted options per share exercisable …