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The NZX 50 fell 24 points, or 0.2%, to 13,537 in Tuesday morning trade, down for the fourth straight session and lingering at its lowest level since June 26, tracking a decline on Wall Street overnight due to a sell-off in chipmakers after AI companies called for an industry-wide slowdown. Traders were cautious ahead o
New Zealand stocks fell 27 points, or 0.2%, to 13,916 in Tuesday morning deals, extending losses from the prior session. Financials, materials, tech and utilities led declines, while investors stayed cautious ahead of China and regional data.
New Zealand’s NZX 50 falls 18 points, or 0.1%, to 13,901 in Friday morning trade, with healthcare, materials and industrials leading declines while the index remains up 0.3% for the week.