empty
 
 

07.09.202605:44:50UTC+00New Zealand Stocks 0.2% Lower at Close

The NZX 50 slipped 31 points, or 0.2%, to close at 13,942 on Monday, giving back some of its gains from the previous session. The move followed weakness on Wall Street on Friday, as stronger-than-expected US labour data reinforced expectations that the Federal Reserve will raise interest rates at its upcoming meeting.

Caution also prevailed ahead of the release of China’s August CPI, PPI, and trade data later this week. Sentiment was further pressured by rising oil prices amid escalating conflict in the Middle East, stoking renewed inflation concerns and strengthening bets on further interest rate hikes by major central banks.

Locally, investors digested the latest Taxpayers' Union–Curia poll, which showed support for the Labour Party falling to its lowest level since July 2024.

Sector-wise, materials, healthcare, real estate, and communication services were the main drags on the index. Notable decliners included Vulcan Steel (-4.6%), Fisher & Paykel Healthcare (-1.2%), Hallenstein Glasson (-2.0%), ANZ Group (-0.9%), Mainfreight (-0.7%), and Westpac Banking Corp (-0.6%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback