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 climbed 27 points, or 0.2%, to close at 13,819 on Wednesday, halting losses from the previous two sessions, buoyed by gains in financials, utilities, and communication services. Tuesday’s report from Moody’s ratings agency continued to support sentiment, saying New Zealand’s economic recovery is underway, though warning that several issues remain unresolved. However, a downbeat session on Wall Street overnight limited the gains, as rising oil prices amid the escalating conflict in the Middle East raised concerns over inflation and boosted bets that central banks would raise interest rates. Fresh data from China, New Zealand’s top trading partner, also capped the index, as consumer and producer price pressures continued to rise amid higher oil prices. Among the top movers were Sanford (1.6%), Mercury NZ (1.4%), Contact Energy (1.2%), Mainfreight (0.9%), Infratil (0.8%), ANZ Group (0.7%), Delegat Group (0.7%), and A2 Milk (0.5%).
