The S&P/NZX 50 index closed 0.7% higher at 13,548 on Friday, marking its highest level in three weeks and notching a sixth straight monthly advance. The index tracked Wall Street’s rally overnight, driven by upbeat US tech earnings. Sentiment was further lifted after US President Trump and Chinese President Xi agreed at Thursday’s summit to extend a tariff truce, ease export restrictions, and lower other trade barriers. Meanwhile, domestic investors looked ahead to next week’s labor market data for further insights into the RBNZ’s next policy move. Most large-cap stocks finished higher, led by Spark NZ (+1.7%), Fisher & Paykel (+1.8%), Auckland Intl Airport (+0.5%), Meridian Energy (+0.3%), and Infratil (+0.4%). Real estate stocks also added to the gains, including Precinct Properties (+0.4%), Kiwi Property (+0.9%), Argosy Property (+0.4%) and Property for Industry (+2.4%). For October, the NZX 50 rose 1.9%, also underpinned by the RBNZ’s recent aggressive rate cut.
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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





