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Resource Stocks Drive Major Shake-Up in March S&P/ASX Rebalance

Story Highlights
  • S&P Dow Jones Indices will implement a major March 2026 rebalance across the S&P/ASX suite.
  • Resource-focused companies gain index weight as several tech, financial and infrastructure names are removed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Resource Stocks Drive Major Shake-Up in March S&P/ASX Rebalance

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Mayfield Group Holdings Limited ( (AU:MYG) ) just unveiled an announcement.

S&P Dow Jones Indices has announced a broad reshuffle across the S&P/ASX index family for the March 2026 quarterly rebalance, effective before the market opens on 23 March. The moves reflect shifts in market capitalisation and sector performance, with resource-focused companies gaining prominence at the expense of several financial, infrastructure and technology names.

Northern Star Resources will join the S&P/ASX 20, replacing Santos, while Light & Wonder and PLS Group enter the S&P/ASX 50 as Seek and Technology One exit. The S&P/ASX 100, 200 and 300 will see multiple additions dominated by gold, rare earths, lithium and other resource-related stocks, changes that are likely to influence index-tracking funds, portfolio allocations and investor flows across the Australian equity market.

The most recent analyst rating on (AU:MYG) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Mayfield Group Holdings Limited stock, see the AU:MYG Stock Forecast page.

More about Mayfield Group Holdings Limited

Average Trading Volume: 283,254

Technical Sentiment Signal: Buy

Current Market Cap: A$255.6M

Learn more about MYG stock on TipRanks’ Stock Analysis page.

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