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Steel & Tube (NZX:STU) 1H25 Revenue Declines Amid NZD 10.4Mn Loss, Completes  NZD 43.3Mn Strategic Acquisition

Steel & Tube Holdings (NZX: STU),founded in 1953, is a New Zealand based steel solutions provider serving the construction, manufacturing, and rural sectors through its national network and two core divisions Distribution and Infrastructure.

Team Kalkine | 26 May 2025

Selling in the Materials Sector Weighs Over NZ Market

Index Update:On 26thMay 2025, the broader NZ market ended the trading session in red amidst significant selling in the materials sector. On the same day, S&P/NZX 50 Index witnessed a decline of 0.39% to end the session at 12,547.220 and S&P/NZX 20 Index fell …

Team Kalkine | 26 May 2025

Selling in Financials Sector Impacts NZ Market

Index Update:On 23rdMay 2025, the broader NZ market closed the session lower amidst selling in the financial sector. On the same day, S&P/NZX 50 Index witnessed a decline of 0.52% to end the session at 12,596.500 and S&P/NZX 20 Index fell by 0.64%. Also, …

Team Kalkine | 23 May 2025

Fonterra (NZX:FCG) Report NZD 729 million Profit n 1HFY25, Declares Dividend, and Upgrades FY25 Earnings Guidance

Fonterra Co-operative Group (NZX:FCG)is a New Zealand-based dairy cooperative owned by about 10,000 farmers. It’s one of the world’s largest dairy exporters, producing milk powders, butter, cheese, and specialty ingredients for global markets.

Team Kalkine | 22 May 2025

NZ Market Closes Lower

Index Update:On 22ndMay 2025, the broader NZ market ended the trading session lower amidst selling in the real estate sector. On the same day, S&P/NZX 50 Index witnessed a decline of 0.32% to end the trading session at 12,662.250 and S&P/NZX 20 Index fell …

Team Kalkine | 22 May 2025

ANZ (NZX:ANZ) 1H25 Profit Rises 16%, Extends AUD 2Bn Buyback

ANZ Group Holdings Limited (NZX: ANZ)is an ASX and NZX-listed company that offers banking and financial services in the region. The company offers a comprehensive suite of services, including retail and business banking, commercial lending, wealth management, and institutional banking. ANZ operates predominantly across …

Team Kalkine | 21 May 2025

NZ Market Closes in Green Amidst Buying in Healthcare Sector

Index Update:On 21stMay 2025, the broader NZ market ended higher as healthcare sector witnessed strong buying momentum. On the same day, S&P/NZX 50 Index witnessed a rise of 0.47% to end the session at 12,703.100 and S&P/NZX 20 Index rose by 0.40% to 7,525.340. …

Team Kalkine | 21 May 2025

Michael Hill (NZX:MHJ) Sees Margin Growth in H1 FY25 as Multi-Brand Expansion Advances

Michael Hill International Limited (NZX:MHJ)is a retail jeweller headquartered in Brisbane, Australia. The company operates a network of stores across Australia, New Zealand, and Canada and focuses on both in-store and online retail. It is dual listed on the ASX and NZX.

Team Kalkine | 20 May 2025

Broader NZ Market Ends Marginally Higher

Index Update:On 20thMay 2025, the broader NZ market closed marginally higher amidst buying in the communications services sector. On the same day, S&P/NZX 50 Index witnessed a rise of 0.12% to end the session at 12,644.230 and S&P/NZX 20 Index increased by 0.28% to …

Team Kalkine | 20 May 2025

Broader NZ Market Witnesses Increased Selling Pressure

Index Update:On 19thMay 2025, the broader NZ market ended the trading session in red amidst robust selling in the materials sector. On the same day, S&P/NZX 50 Index witnessed a decline of 1.23% to end the session at 12,629.070 and S&P/NZX 20 Index fell …

Team Kalkine | 19 May 2025