New Zealand Stocks Open Week Higher
2026-04-19 23:06
By
Chusnul Chotimah
1 min. read
The NZX 50 rose 75 points, or 0.6%, to 12,981 in Monday morning deals, halting losses from the previous two sessions, mainly supported by energy, healthcare, and utilities stocks.
Market sentiment was also lifted by trade data, as the country posted an NZ$0.70 billion surplus in March, swinging from an NZ$0.79 billion deficit in the same month of 2025.
The broader index rebounded from its lowest level since April 2, reached on Friday, after posting weekly losses last week.
Meanwhile, U.S.
futures dropped after Iran closed the Hormuz Strait again, accusing others of violating the ceasefire; however, this capped the gains.
However, traders are anticipating the release of Q1 inflation data later this week to guide the central bank’s monetary policy decisions amid rising oil prices.
Early gainers included Mainfreight (1.4%), AFT Pharmaceuticals (1.4%), Ebos Group (1.1%), Fisher & Paykel Healthcare (1.1%), ANZ Group (0.8%), and Auckland International Airport (0.6%).