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Resources-Focused Shake-Up as S&P Dow Jones Reveals March 2026 S&P/ASX Rebalance

Story Highlights
  • S&P Dow Jones Indices will overhaul several S&P/ASX benchmarks in March 2026, triggering substantial rebalancing by index-tracking funds.
  • The changes tilt Australia’s key indices further toward gold and resources stocks, while trimming exposure to property, tech and financial names.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Resources-Focused Shake-Up as S&P Dow Jones Reveals March 2026 S&P/ASX Rebalance

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Eureka Group Holdings Limited ( (AU:EGH) ) has shared an update.

S&P Dow Jones Indices has announced multiple changes to the S&P/ASX index family following its March 2026 quarterly review, with all adjustments taking effect before trading on March 23. The reshuffle reflects shifts in market capitalisation and sector performance across the Australian market and will drive portfolio rebalancing for funds tracking these benchmarks.

Northern Star Resources will join the S&P/ASX 20, replacing Santos, signalling the growing prominence of gold miners in the top tier of the Australian market. In the S&P/ASX 50, Light & Wonder Inc. and PLS Group Limited will be added, while Seek Limited and Technology One Limited will be removed.

The S&P/ASX 100 will see new entries from gold-focused miners Greatland Resources, Regis Resources, and Westgold Resources, replacing Lendlease Group, Netwealth Group, and Pinnacle Investment Management Group. These shifts indicate a rotation toward resources stocks at the expense of property and financial services groups.

At the broader S&P/ASX 200 level, Predictive Discovery, SRG Global, and Vulcan Energy Resources will enter the benchmark, replacing Catapult Sports, DigiCo Infrastructure REIT, and EBOS Group. Changes in the S&P/ASX 200 will have direct implications for a large pool of passive capital and may affect liquidity and valuations for the added and removed companies.

The S&P/ASX 300 will be expanded to include a wide range of smaller and mid-tier names such as 4DMedical, Arafura Rare Earths, DPM Metals, Dateline Resources, Elsight, Elevra Lithium, GemLife Communities Group, L1 Group, Macmahon Holdings, Meeka Metals, Minerals 260, and Metals X. The additions highlight continued investor interest in emerging resources, technology, and specialised industrial plays within the broader Australian equity universe.

The most recent analyst rating on (AU:EGH) stock is a Buy with a A$0.85 price target. To see the full list of analyst forecasts on Eureka Group Holdings Limited stock, see the AU:EGH Stock Forecast page.

More about Eureka Group Holdings Limited

S&P Dow Jones Indices operates a leading family of benchmarks that track equity markets globally, including the S&P/ASX series that covers major Australian-listed companies. Its indices are widely used by institutional and retail investors as performance benchmarks and as the basis for index funds, ETFs, and other passive investment products tied to the Australian equity market.

Average Trading Volume: 915,199

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$226.1M

Find detailed analytics on EGH stock on TipRanks’ Stock Analysis page.

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