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News 2026-10-02 05:23 UTC

New Zealand Stocks Extend Falls, Post Weekly Loss

The NZX 50 fell 130 points, or 0.9%, to close at 13,680 on Friday, down for the third straight session, touching its lowest level since September 15, with almost all sectors trading in the red, led by the tech sector. Persistently high oil prices pressured sentiment, raising concerns over inflation expectations and int