New Zealand Equities Slip 1.2% at the Close

2026-04-13 05:53 By Chusnul Chotimah 1 min. read

The NZX 50 index closed at 13,020 on Monday, falling 161 points or 1.2%.

This decline, which eased losses from morning trading, followed the trend of the previous session and marked the index's lowest level since April 2.

The drop was influenced by a dip in US futures after US President Trump's announcement that military action would prevent ships from Iranian ports after failed peace talks.

Additionally, traders were waiting for important data releases from China, New Zealand's top trading partner, such as Q1 GDP and trade balance numbers later in the week.

New Zealand's private sector experienced its sharpest contraction since August, with the services sector showing the most significant decline in 10 months.

Consumer staples led the fall, followed by healthcare and industrials.

A2 Milk plunged 12.6% due to expected profit forecast reductions linked to supply chain disruptions.

Other notable decliners included Summerset Group (-2.4%), Fisher & Paykel (-2.3%), and Ebos Group (-1.3%).



News Stream
New Zealand Equities Slip 1.2% at the Close
The NZX 50 index closed at 13,020 on Monday, falling 161 points or 1.2%. This decline, which eased losses from morning trading, followed the trend of the previous session and marked the index's lowest level since April 2. The drop was influenced by a dip in US futures after US President Trump's announcement that military action would prevent ships from Iranian ports after failed peace talks. Additionally, traders were waiting for important data releases from China, New Zealand's top trading partner, such as Q1 GDP and trade balance numbers later in the week. New Zealand's private sector experienced its sharpest contraction since August, with the services sector showing the most significant decline in 10 months. Consumer staples led the fall, followed by healthcare and industrials. A2 Milk plunged 12.6% due to expected profit forecast reductions linked to supply chain disruptions. Other notable decliners included Summerset Group (-2.4%), Fisher & Paykel (-2.3%), and Ebos Group (-1.3%).
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