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The NZX 50 dropped 26 points, or 0.2%, to 13,801 in Tuesday morning trade, erasing gains from the previous session, mainly weighed down by industrials, communication services, utilities, technology, and financials. The broader index tracked a decline in the Nasdaq on Wall Street overnight, led by losses in the tech sec
The NZX 50 dropped 17 points, or 0.1%, to 13,795 in Monday morning trade, extending losses from the previous session and tracking a slight fall in US stock futures. Higher oil prices continued to pressure sentiment after US President Trump rejected a ceasefire presented by Iran. High oil prices persisted, raising conce
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.