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The NZX 50 advanced 58 points, or 0.4%, to close at 13,749 on Friday, reversing morning losses and extending a slight gain in the previous session, mainly buoyed by gains in consumer staples, industrials, and utilities. However, declines in financials, consumer discretionary, and communication services limited the adva
The NZX 50 fell 14 points, or 0.1%, to 13,811 on Friday, after being flat in the previous session, as a global bond sell-off amid a surge in US Treasury yields raised expectations of a Fed interest rate hike. Caution was also evident as high oil prices persisted amid ongoing Gulf shipping disruptions. Recently, RBNZ Go
New Zealand stocks rose 53 points, or 0.4%, to 13,973 on Friday, reversing earlier losses, with the index up 0.9% for the week and the third consecutive weekly gain.