NZX 50 Bounces Back, Logs Third Weekly Gain

2026-01-16 05:11 By Jereli Escobar 1 min. read

New Zealand’s benchmark S&P/NZX 50 index rose 0.4% to close at 13,718 on Friday, recouping losses from the previous session as traders continue to track on earnings, economic trends, and global events.

Sentiment was supported by December local manufacturing data, which hit a three-year high and marked a third consecutive month of expansion, alongside easing food inflation.

Across the bourse, gains were led by Contact Energy (+1.1%), Meridian Energy (+1.3%), Mercury NZ (+0.5%), Auckland International Airport (+0.2%), Infratil (+0.6%), EBOS Group (+1.1%), and Vista Group (+2.3%).

Markets remain on track for a fourth consecutive weekly advance as investors await China’s Q4 GDP on Monday and New Zealand’s Q4 CPI later in the week.

Global growth is expected to remain resilient, according to the IMF’s January 19 forecast, offering a positive signal for exporters and cyclical stocks.



News Stream
New Zealand Stocks Edge Up, End 0.1% Higher
The NZX 50 edged up 6 points, or 0.1%, to close at 12,770 on Wednesday, after being flat in the morning session and snapping a three-session losing streak, as the RBNZ reiterated its focus on balancing inflation control while supporting economic growth. RBNZ Governor Anna Breman said in a speech today that core inflation remained stable in Q1 within its target band of 1% to 3%. However, gains were capped as traders awaited the Fed’s interest rate decision later today, while a downbeat session on Wall Street overnight, amid signals of weakness in OpenAI and rising oil prices, weighed on sentiment. The broader index rebounded from its lowest level since March 30, reached a day earlier, supported by gains in healthcare, utilities, financials, and materials. Among gainers were Fisher & Paykel Healthcare (+1.5%), Contact Energy (+1.0%), Infratil (+0.5%), Turners Automotive Group (+0.5%), and Meridian Energy (+0.4%).
2026-04-29
New Zealand Equities Muted in Morning Trading
The NZX 50 was almost flat, trading around 12,768 on Wednesday morning, after retreating for a third straight session, as traders awaited RBNZ Governor Anna Breman’s speech later today to guide the central bank’s monetary policy path. Traders were also cautious amid higher oil prices that could pressure domestic inflation. Caution also prevails as traders anticipate the Fed's interest rate decision today. The broader index attempted to rise from its lowest level since March 30, reached a day earlier, with gains in healthcare, energy, and consumer discretionary offset by declines in consumer staples, financials, and communication services. In the US, Wall Street closed in the red overnight amid signals of weakness at OpenAI and rising oil prices. Fisher & Paykel Healthcare rose 1.3%, Ebos Group climbed 1.1%, and FC Investment gained 0.4%, while Port of Tauranga, Chorus, and Freightways fell 1.0%, 1.0%, and 0.9%, respectively.
2026-04-28
NZX 50 Ends at Over 4-Week Low, Down 0.9%
The NZX 50 dropped 111 points, or 0.9%, to close at 12,764 on Tuesday, deepening losses from morning trade after reopening following a Monday holiday and marking a third straight session of declines. The broader index fell to its lowest level since March 30, mainly weighed down by consumer staples, materials, real estate, and healthcare stocks. Uncertainty surrounding US-Iran peace talks further pressured sentiment amid rising oil prices, raising concerns about domestic inflation. Meanwhile, US futures were volatile ahead of the release of a slew of earnings reports from major tech companies. Among the biggest laggards were Ryman Healthcare (-4.2%), Summerset Group (-3.3%), A2 Milk (-2.7%), Mainfreight (-2.3%), Ebos Group (-0.2%), Contact Energy (-1.2%), ANZ Group (-0.9%), Westpac Banking Corp. (-0.8%), and Fisher & Paykel (-0.7%). In corporate news, capital markets operator NZX launched a new futures index, the S&P/NZX 20, offering equity investors a more efficient way to manage risk.
2026-04-28