Air New Zealand Ltd (NZE:AIR) has suspended its FY2026earningsguidance, citing unprecedented volatility in global jet fuel markets. The decision follows the recent escalation of conflict in the Middle East, which has caused significant fluctuations in crude oil and refined fuel prices.
Index Update:On 12thMarch,the broader New Zealand market closed lower amid selling pressure in the financial sector. The S&P/NZX 50 Index declined 0.71% to 13,199.29, while the S&P/NZX 20 Index fell 0.81% to 7,470.47 and the S&P/NZX 10 Index dropped 0.82%. The S&P/NZX All Financials …
Contact Energy Ltd (NZX:CEN) announced that its non-underwritten retail share offer has closed oversubscribed. Eligibleshareholderssubmitted applications totaling approximately NZD251M. The Retail Offer allowedshareholdersregistered in New Zealand or Australia as of 7.00pm NZDT / 5.00pm AEDT on 13 February 2026 to apply for up to …
Tāiko Critical Minerals (NZX:TCM) has released a financial model report for itsBarrytown Minerals Project, outlining projected revenue, capital requirements, and return metrics over the life of the mine. The assessment presents a staged production plan and estimateslife-of-mine revenue of approximately USD 3.28 billion, with …
Briscoe Group Limited (NZX:BGP) reported its financial results for the full year ended 25 January 2026, announcingrecord total sales of NZD 798.8 millionalongside continued growth across its homeware and sporting goods segments. The retailer postednet profit after tax (NPAT) of NZD 59.2 millionfor the …
Index Update:On 11thMarch, the broader NZ market closed higher amidst buying momentum in the financials sector. On the same day, S&P/NZX 50 Index witnessed a rise of 1.52% to end at 13,293.130 and S&P/NZX 20 Index rose by 1.59% to 7,531.480. Also, S&P/NZX 10 …
Winton Land Limited (NZX:WIN) (ASX:WTN) has received conditional approval for itsSunfield masterplanned communityunder the Fast-track Approvals Act 2024. The Expert Panel’s final decision authorises development across residential, commercial, industrial, educational, and recreational zones, marking a major step in advancing the project’s potential.
Air New Zealand (NZX:AIR) has suspended its FY2026 earnings guidance after global jet fuel markets experienced unprecedented volatility following the recent escalation of conflict in the Middle East. The airline cited that extreme price swings in jet fuel have rendered prior assumptions outdated, prompting …
Index Update:On 10thMarch, the broader NZ market closed lower amidst selling in the consumer discretionary sector. On the same day, S&P/NZX 50 Index witnessed a marginal fall of 0.03% to end at 13,094.370 and S&P/NZX 20 Index declined by 0.07% to 7,413.550. Also, S&P/NZX …
Manuka Resources Limited (NZX:MKR) has moved closer to restarting mining operations after ending its care and maintenance program. The ASX-listed company announced that operational activities have resumed at its project sites as it prepares to restart gold and silver production in the coming months. …