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
The NZX 50 dropped 50 points, or 0.4%, to close at 13,446 on Monday, reversing its morning strength and erasing gains from the prior session, mainly weighed down by losses in energy, consumer discretionary, and technology stocks. The broader index retreated from its highest level since March 6, reached on Friday, with consumer staples rising 0.8% after jumping more than 5% in the morning session. The moderation came as A2 Milk rose 1.7%, slowing sharply from an over 11% surge in morning trading after the company received highly coveted regulatory approval from China to produce infant formula at Pokeno. However, easing oil prices helped limit the decline, supported by news that progress had been made in US-Iran peace deal talks. Among the biggest decliners were Gentrack Group (-4.9%), Channel Infrastructure (-2.2%), South Port NZ (-1.6%), Contact Energy (-1.4%), Mercury NZ (-1.4%), Henderson Far East Income (-1.1%), Hallenstein Glasson (-1.0%), and Mainfreight (-0.8%).
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