Weekly Market Insights - 25 March 2026
- Mar 25
- 2 min read
Updated: Mar 26
Global Markets
Global financial markets weakened broadly as higher energy prices, rising bond yields, persistent inflation, and geopolitical tensions weighed on investor sentiment.
Equities: Major equity markets declined across all regions. US, European, Australian, and Asian markets all posted losses, with Australia and Europe recording the sharpest falls due to inflation concerns and pressure on mining and technology stocks.
Bonds: Global 10‑year government bond yields rose, led by the US, Australia, and the UK, reflecting expectations that central banks will maintain restrictive monetary policy.
Currencies: The US dollar softened, while the euro and Australian dollar strengthened, driven by reduced safe‑haven demand and expectations of tighter policy outside the US.
Commodities
Commodity markets were mixed:
Metals suffered steep declines, with gold and aluminium recording heavy losses amid rising yields and weaker demand (notably from China).
Energy prices remained firm, as oil stayed resilient due to Middle East supply risks despite easing inventories.
Soft commodities outperformed, especially coffee, which surged on supply constraints and logistical disruptions.
PNG Local Market
The PNG market performed relatively well, supported by improved investor participation and stable interest rates.
Stock Market: Trading activity rebounded sharply, with turnover more than doubling. Gains were led by CPL (+20%), BSP (+6.0%), and modest gains in KSL, though liquidity remained concentrated in financial stocks.
Corporate Updates:
CPL released FY25 audited results showing a slight decline in gross profit.
Pacific Lime and Cement reported significantly weaker interim revenue.
BSP announced a senior executive appointment strengthening regional oversight.
Treasury Bills: Rates edged higher overall, especially for mid‑term bills, reflecting increased issuance. Demand for short‑ and long‑term bills remained stable, signalling cautious but steady investor confidence.
Overall Takeaway
While global markets faced broad pressure from inflation, energy prices, and geopolitical risks, PNG’s market showed resilience, with rising equity activity and largely stable interest rates suggesting measured optimism and steady demand from local investors.
For a detailed breakdown of market performance, economic data, and treasury auction results, download the complete report.