New Zealand Stocks End Slightly Lower

2026-04-16 05:44 By Chusnul Chotimah 1 min. read

The NZX 50 dropped 11 points, or 0.1%, to close at 13,066 on Thursday, reversing gains from the morning session and the previous day, mainly weighed down by energy, consumer staples, technology, and industrial stocks.

Traders assessed China’s Q1 GDP data, with the economy growing more than expected but at a slower pace than in the same period of 2025, while both March industrial output and retail sales growth eased from the previous month.

However, a rally on Wall Street overnight helped limit losses, supported by optimism over US-Iran ceasefire talks.

On the domestic front, New Zealand home prices slipped slightly in March on a seasonally adjusted basis, highlighting modestly softening demand amid rising petrol prices linked to Middle East tensions, according to data from the Real Estate Institute of New Zealand.

Among the biggest laggards were Ebos Group (-2.4%), A2 Milk (-1.8%), Briscoe Group (-1.3%), Freightways Group (-1.2%), and Port of Tauranga (-1.1%).



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New Zealand Stocks End Slightly Lower
The NZX 50 dropped 11 points, or 0.1%, to close at 13,066 on Thursday, reversing gains from the morning session and the previous day, mainly weighed down by energy, consumer staples, technology, and industrial stocks. Traders assessed China’s Q1 GDP data, with the economy growing more than expected but at a slower pace than in the same period of 2025, while both March industrial output and retail sales growth eased from the previous month. However, a rally on Wall Street overnight helped limit losses, supported by optimism over US-Iran ceasefire talks. On the domestic front, New Zealand home prices slipped slightly in March on a seasonally adjusted basis, highlighting modestly softening demand amid rising petrol prices linked to Middle East tensions, according to data from the Real Estate Institute of New Zealand. Among the biggest laggards were Ebos Group (-2.4%), A2 Milk (-1.8%), Briscoe Group (-1.3%), Freightways Group (-1.2%), and Port of Tauranga (-1.1%).
2026-04-16
New Zealand Stocks Edge Higher in Morning Trade
The NZX 50 rose 13 points, or 0.1%, to 13,089 in Thursday morning deals, extending gains from the previous session and following a rally on Wall Street overnight, supported by optimism over US-Iran ceasefire talks. The broader index climbed for the second straight day, mainly supported by consumer discretionary, financials, and real estate. However, the gains were capped by traders’ caution as they were awaiting the release of a slew of data from China, New Zealand's top trading partner, due later today, including Q1 GDP, with the market expecting growth to reach 4.8% year-on-year, up from a 4.5% expansion in Q4 2025. Among notable movers were Hallenstein Glasson Holdings (2.1%), Ebos Group (2.0%), Bankers Investment Trust (0.8%), Freightways Group (0.8%), Summerset Group (0.8%), FC Investment (0.7%), Auckland International Airport (0.5%), Chorus (0.5%), and A2 Milk (0.3%).
2026-04-15
NZX 50 Ends 3-Day Losing Streak, Up 0.5%
New Zealand stocks climbed 59 points, or 0.5%, to close at 13,077 on Wednesday, erasing losses from the previous three sessions and tracking a rise on Wall Street overnight, supported by optimism over US-Iran ceasefire talks. The broader index rose from its lowest level since April 2, reached a day earlier, mainly boosted by healthcare, utilities, consumer discretionary, and financials. Market sentiment was also lifted by expectations that the Chinese Q1 economy will grow by 4.8% year-on-year, up from a 4.5% expansion in Q4 2025. A slew of Chinese economic data will be released on Thursday, including Q1 GDP, industrial output, and retail sales. Among the best performers were Ebos Group (3.6%), Contact Energy (1.3%), and Fisher & Paykel Healthcare (1.2%). Ryman Healthcare jumped 3.4% after registering a 10% year-on-year rise in total sales for Q4 FY2026, while Air New Zealand also surged 3.4% after reporting strong passenger growth.
2026-04-15