NZX 50 Slips 2.5% This Week
The NZX 50 inched down 12 points, or 0.1%, to close at 13,187 on Friday, marking a second straight decline as weakness in logistics, industrial services, and transport weighed on sentiment. Early losses were partly offset by gains in energy minerals and consumer services, but the benchmark index still posted its second consecutive weekly drop, down about 2.5%. Bearish momentum was fueled by the escalating Middle East conflict, which kept crude prices elevated and stoked inflation concerns. Meanwhile, Washington’s latest trade probes into excess industrial capacity and forced labor raised fears of new tariffs on key partners, including China, New Zealand’s largest trading partner. Traders now await key domestic data next week, including New Zealand’s food inflation in February and Q4 GDP. Among Friday’s notable laggards were Freightways (-2.9%), Hallenstein Glasson (-2.5%), Tourism Holdings (-2.5%), and AFT Pharmaceuticals (-2.2%).
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




