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Fonterra Co-operative Group Ltd (NZX/ASX: FCG) has completed the sale of its global consumer and associated businesses, collectively known as Mainland Group, to Lactalis. The transaction represents a pivotal step in the co-operative’s strategic repositioning, marking a clear shift away from branded consumer operations …
The S&P/NZX All Gross Index's current price of 13,859.71 NZD, down 1.46 percent on the day, reflects broader market concerns about the economic outlook and structural challenges facing New Zealand. The recent trading range low of 13,827.73 NZD represents a level very close to …
The S&P Dow Jones Indices organization maintains and governs the ALLG according to published methodologies and governance frameworks that ensure transparency and integrity. The governance structure includes index committees comprising representatives from S&P, market participants, and independent experts who review proposed changes to index …
As of March 2026, the NZX 50 trades at 12,748.92 NZD, reflecting a concerning decline of 1.44% or 186.47 NZD in the current session. This downward pressure follows a fourth consecutive weekly decline, signaling mounting investor anxiety regarding macroeconomic headwinds and broader geopolitical uncertainties. …
The S&P/NZX All Gross Index, commonly referred to as the ALLG, represents the broadest measure of the New Zealand equity market. Trading at 13,859.71 NZD as of March 2026, the index has experienced recent volatility with a decline of 1.46 percent from its previous …
Hallenstein Glasson Holdings Limited (NZX:HLG) reported a robust performance for the six months ended 1 February 2026, supported by strong sales growth and improved profitability across its brands. Total groupsalesclimbed 14.6% year-on-year to $275.2 million, whilegross marginsexpanded to 60.9%, reflecting better operational efficiency despite …
The Warehouse Group (NZX:WHS) delivered a solid performance for the 26 weeks ended 1 February 2026, navigating a challenging retail environment and ongoing cost-of-living pressures. Groupsalesreached $1,612.1 million, a 0.3% increase on the prior year, while like-for-like sales rose 0.5%.Gross profit marginwas slightly lower …
Lumos Diagnostics Holdings Limited (ASX:LDX) successfully raised A$20 million through an institutional placement, which was substantially oversubscribed, along with an additional A$3.1 million from existing shareholders exercising options. The company also announced a Share Purchase Plan (SPP) of up to A$2 million for eligible …
The US equity markets witnessed a broad-based sell-off on March 26, 2026, as geopolitical tensions in the Middle East escalated, unsettling global investors. All three major indices ended in the red, with theNasdaq Compositedeclining the most and officially entering correction territory, signaling a drop …
New Zealand’s benchmarkS&P/NZX 50opened on a cautious note on March 27, 2026, reflecting weak global cues after a sharp sell-off in US markets. Investor sentiment remained fragile due to escalating geopolitical tensions in the Middle East and a surge in global oil prices, both …
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