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’s stocks ticked up 11 points, or 0.1%, to close at 13,862 on Tuesday, reversing morning losses, buoyed by gains in healthcare, communication services, industrials, and consumer staples. The broader index hit a new record high, marking its second consecutive record close, after closing at 13,851 a day earlier. Easing oil prices continued to lift sentiment as easing inflation concerns reduced expectations of further interest rate hikes. However, a decline in US stock futures limited the gains amid a global tech selloff. Traders also remained cautious ahead of the Fed’s monetary policy decision and China’s PMI data, as well as the release of New Zealand’s consumer confidence and business outlook data for July, due this week. Among the best performers were AFT Pharmaceuticals (5.2%), Fisher & Paykel Healthcare (2.2%), Auckland International Airport (1.0%), Australian Foundation Investment (0.8%), ANZ Group (0.7%), F&C Investment Trust (0.7%), and a2 Milk (0.6%).
