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New Zealand Shares Flat; Spark New Zealand Fiscal 2026 Adjusted Earnings Down, Revenue Up

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New Zealand shares ended flat on Thursday while most Asian shares rose higher as markets digested US plans to ease its Treasury yields.

The S&P/NZX 50 Index was little changed to close at 13,919.82.

Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones gained about 0.2% each.

The US Treasury announced support measures for long-duration bonds on Wednesday, seeking to stem a rise in yields that had unsettled global investors, according to a Wednesday Reuters report.

The US 30-year Treasury yield was last at 4.64% while the US 10-year Treasury yield was last at 5.18%.

In domestic news, New Zealand has the potential to deliver over a gigawatt (GW) of new compute capacity over the next five years, an increase from the previous 600-megawatt base scenario, which could see New Zealand capture 0.5% of global compute capacity in 2030, according to a report by Boston Consulting Group.

In corporate news, Spark New Zealand (ASX:SPK, NZE:SPK) logged NZ$0.119 in adjusted earnings per share for fiscal 2026, compared with NZ$0.123 a year ago.

PGG Wrightson (NZE:PGW) said Chief Financial Officer Peter Scott will step down from his role at the end of October.

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