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NZ Markets Remain Flat Amid Cautious Global Sentiment

Index Update:On 17thMarch, the broader NZ market closed flat amidst challenging global landscape. On the same day, S&P/NZX 50 Index witnessed a marginal rise of 0.13% to end at 13,182.230 and S&P/NZX 20 Index increased by 0.24% to close at 7,466.420. Notably, S&P/NZX 10 …

Team Kalkine | 17 March 2026

MCY Unveils $220M Ngā Tamariki Geothermal Expansion to Boost New Zealand’s Renewable Energy

Mercury NZ Limited (NZX:MCY) has officially launched a major expansion at the Ngā Tamariki Geothermal Station, strengthening New Zealand’s renewable energy capacity. The $220 million project introduces a fifth-generation unit with a capacity of 55 megawatts, more than doubling the output of each of …

Team Kalkine | 17 March 2026

My Food Bag Reports Strong FY26 Growth, Raises Profit Forecast

My Food Bag Group Limited (NZX:MFB) has released a market update outlining continued growth momentum for the financial year ending 31 March 2026 (FY26). The company expects full-yearrevenueto increase by 4.9% compared with the prior year, supported by a stronger second-half performance. Revenue in …

Team Kalkine | 17 March 2026

PHL Announces Board and Governance Changes

Promisia Healthcare Limited (NZX:PHL) has announced forthcoming changes to its governance structure, effective at and following the 2026Annual Shareholders Meeting. Tom Brankin will transition from his executive position to remain on the Board as a non-executive director. During his tenure in an executive capacity, …

Team Kalkine | 17 March 2026

US Markets Rally on March 16 as Oil Prices Retreat and Tech Stocks Gain

US equities ended sharply higher on March 16 as investors welcomed a decline in crude oil prices and renewed optimism around technology stocks. The benchmarkS&P 500rose about 1% to 6,699.38, marking its strongest session in several weeks. Meanwhile, theDow Jones Industrial Averageclimbed roughly 0.8% …

Team Kalkine | 17 March 2026

New Zealand Markets Open on Cautious Tone with Major Indexes Trading Flat

New Zealand equities opened cautiously on March 17 as investors weighed rising geopolitical tensions, higher oil prices, and signs of weakening domestic economic activity. The benchmark S&P/NZX 50 Index entered the session under mild pressure following a weaker close in the previous trading day, …

Team Kalkine | 17 March 2026

Kiwi Markets Finish Marginally Lower

Index Update:On 16thMarch, the broader NZ market closed slightly lower amidst decline in the consumer discretionary sector, with S&P/NZX 50 Index falling by 0.17% to end at 13,164.580 and S&P/NZX 20 Index declining 0.12%. On the same day, S&P/NZX 10 Index witnessed a fall …

Team Kalkine | 16 March 2026

New Zealand Markets Open Cautiously on March 16 Amid Global Uncertainty

New Zealand’s equity market began the week on a cautious note on March 16, with the benchmarkS&P/NZX 50 Indexopening slightly weaker as investors reacted to global uncertainty and rising commodity prices. Market sentiment was influenced largely by geopolitical tensions in the Middle East, which …

Team Kalkine | 16 March 2026

AIA Reports Growth in Passenger Traffic for February 2026

Auckland International Airport Limited (NZX:AIA) reported solid passenger growth in its February 2026 monthly traffic update, with international travel continuing to recover and domestic demand remaining strong. Total international passenger movements reached 873,000 during the month, representing a 3% increase compared with February 2025. …

Team Kalkine | 16 March 2026