NZX 50 Turns Higher, Ends Up 1%

The NZX 50 rose 133 points, or 1.0%, to close at 12,903 on Thursday, reversing earlier losses in morning trade and extending gains from the previous session, with all sectors trading in the green, led by real estate. The broader index tracked gains in US futures following earnings reports from some major tech stocks. PMI data from China, New Zealand’s top trading partner, also lifted sentiment, with a private survey showing factory activity on the mainland grew at its fastest pace since 2020, though official data indicated a slight easing while remaining stronger than expected. Traders also welcomed the RBNZ’s efforts to enhance transparency in monetary policy decisions, beginning to publish individual votes cast by Monetary Policy Committee (MPC) members starting today. Among the top performers were Contact Energy (1.9%), Ebos Group (1.4%), F&C Investment (1.2%), ANZ Group (0.8%), and Fisher & Paykel Healthcare (0.8%). For the month, the index was flat.
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





