S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
New Zealand stocks dropped 91 points, or 0.7%, to close at 13,882 on Monday, erasing gains in the previous session, mainly weighed down by communication services, financials, tech sectors, and consumer staples. The broader index moved lower from its highest level since August 5, reached on Friday, tracking a fall in US stock futures as traders looked to recover after falling in the previous week due to a surge in Treasury yields. Solid gains following earnings reports from some companies failed to lift the index. Communication services fell 2.7% as Chorus plunged 5.3% despite posting a surge in net profit. However, traders continued to brace for earnings from some companies that will be released this week. The latest data also pressured sentiment, as New Zealand retail sales fell for the first time since Q3 2024. Other bottom performers included Mainfreight (-2.2%), EBOS Group (-2.1%), Hallenstein Glasson (-2.4%), Infratil (-2.1%), Freightways Group (-1.7%), and A2 Milk (-1.4%).
