NZX 50 Surges 1.8% at Finish

2026-03-25 04:33 By Farida Husna 1 min. read

The NZX 50 jumped 227 points, or 1.8%, to close at 12,929 on Wednesday, ending a four-session losing streak as bargain hunters returned after the index hit an eight-month low a day before.

Sentiment improved amid a rally in U.S.

stock futures and hopes for progress in resolving the Middle East conflict, after President Trump said Iran wants to “make a deal” and confirmed a U.S.

15-point plan was sent to Tehran.

In China, New Zealand's main trading partner, Beijing urged Washington to maintain stable and sustainable trade ties despite ongoing frictions.

However, caution emerged ahead of New Zealand’s March business and consumer sentiment data due later this week.

Meanwhile, RBNZ Governor Anna Breman cautions that the Iran war to raise near-term headline inflation and weaken New Zealand’s growth momentum.

Gains were almost broad-based, led by healthcare, utilities, and transport.

Standouts included EBOS Group (4.4%), Infratil (3.5%), Sanford (2.9%), and Fisher & Paykel Healthcare (2.8%).



News Stream
NZX 50 Surges 1.8% at Finish
The NZX 50 jumped 227 points, or 1.8%, to close at 12,929 on Wednesday, ending a four-session losing streak as bargain hunters returned after the index hit an eight-month low a day before. Sentiment improved amid a rally in U.S. stock futures and hopes for progress in resolving the Middle East conflict, after President Trump said Iran wants to “make a deal” and confirmed a U.S. 15-point plan was sent to Tehran. In China, New Zealand's main trading partner, Beijing urged Washington to maintain stable and sustainable trade ties despite ongoing frictions. However, caution emerged ahead of New Zealand’s March business and consumer sentiment data due later this week. Meanwhile, RBNZ Governor Anna Breman cautions that the Iran war to raise near-term headline inflation and weaken New Zealand’s growth momentum. Gains were almost broad-based, led by healthcare, utilities, and transport. Standouts included EBOS Group (4.4%), Infratil (3.5%), Sanford (2.9%), and Fisher & Paykel Healthcare (2.8%).
2026-03-25
New Zealand Shares Rebound
New Zealand stocks jumped 129 points, or 1%, to 12,830 in Wednesday morning trade, snapping a four-session losing streak amid bargain hunting after markets closed at a near eight-month low the day before. Sentiment was also boosted by a jump in U.S. equity futures following reports that the U.S., via intermediary Pakistan, had sent Iran a 15-point plan to end the conflict in the Middle East, now in its fourth week. However, the upside was capped by a warning from central bank governor Anna Breman, who said that interest rates could rise if oil-driven inflation persists amid geopolitical risks. Healthcare, transport, and consumer non-durables led the strength, with notable movers including Fisher & Paykel Healthcare (3.5%), Auckland Intl. Airport (1.1%), Summerset Group (1.0%), and Genesis Energy (0.9%). Traders now await the March business and consumer confidence in New Zealand, which will be released later this week.
2026-03-24
New Zealand Stocks Reverse Early Gains, End at Near 8-Month Low
New Zealand shares fell 198 points, or 1.5%, to close at 12,702 on Tuesday, swinging from morning strength and marking a fourth straight decline as weakness spread across tech services, financials, healthcare, and logistics. Markets hit their lowest level in nearly eight months, after central bank governor Anna Breman warned that interest rates could rise if oil-driven inflation persists amid the Middle East conflict. She added that targeted fiscal support would be more effective than monetary policy in cushioning the impact. A sharp drop in U.S. stock futures further pressured risk appetite as the Iran war dragged on and energy prices looked set to stay higher for longer. Investors also turned cautious ahead of New Zealand’s March business and consumer confidence data later this week. Among the biggest laggards were Gentrack Group (-7.2%), A2 Milk Co. (-3.3%), Mercury NZ (-3.0%), Freightways Group (-2.6%), and Fisher & Paykel Healthcare (-2.2%).
2026-03-24