empty
 
 

2026.06.0822:57:25UTC+00NZX 50 Edges Higher in Morning Trading

The NZX 50 rose 23 points, or 0.2%, to 13,061 in Tuesday morning trading, reversing the previous session’s losses but remaining near its lowest level since May 25. The advance was led by materials, consumer discretionary, and energy stocks.

The local benchmark followed gains on Wall Street, where the Nasdaq and S&P 500 moved higher, helped by a rebound in chipmakers after sharp declines in the prior session amid renewed optimism about AI. Sentiment was also supported by easing geopolitical tensions in the Middle East, after both Iran and Israel signaled they had stopped trading strikes.

Nonetheless, traders stayed cautious ahead of China’s trade balance release later today, a key data point for assessing conditions in New Zealand’s largest trading partner. Early notable gainers included AFT Pharmaceuticals (up 1.1%), Auckland International Airport (1.0%), Channel Infrastructure (1.0%), Briscoe Group (0.9%), and Freightways Group (0.8%).

  • 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 $1000 more!
    In June we raffle $1000 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


Can't speak right now?
Ask your question in the chat.
Widget callback