FINWIRES · TerminalLIVE
FINWIRES

S&P/NZX 50 Index

^NZ50
IndexIndex

611 stories mentioning S&P/NZX 50 IndexUpdated 11h ago

Trading amid soft New Zealand data pointing to downside CPI risks; miscellaneous shares rose while communications stocks lagged.

What's the latest news on S&P/NZX 50 Index?

Asia

AI-Driven Boom to Benefit Tech-Heavy Asia-Pacific Economies, S&P Says

Asia-Pacific economies with significant tech manufacturing will benefit from an AI-linked tech export boom, S&P Global Ratings said Wednesday.The benefits from the AI tech rally will counter the adverse effects from the energy shock in these economies, S&P Asia-Pacific chief economist Louis Kuijs said.S&P sees possible upward GDP estimate revisions for markets with solid tech shipments, mainly South Korea and Taiwan, as well as Malaysia, Singapore, and Thailand.Meanwhile, the impact of the energy shock has dampened growth forecasts for India, Japan, New Zealand, and the Philippines, S&P said.The rating agency's forecast for China remains stable as strong export dynamics offset weaker domestic demand.S&P maintained its baseline GDP growth forecasts in the region excluding China at 4.5% for 2026 and 4.4% for 2027.

^BSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225Nifty 50^NZ50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

New Zealand Shares Fall; Auckland International Airport Expects June 27 to be Busiest International Departures Day

New Zealand shares closed lower on Wednesday as Asian markets saw losses after a day of sell-off on Wall Street.The S&P/NZX 50 Index fell 0.26% ot 35.11 points to close at 13,400.66.On Tuesday, Wall Street ended lower due to a selloff in semiconductor shares amid investors' worry over rising AI spending.Chipmaking giant Nvidia closed 4% lower, and AMD fell about 6%, leading to a fall of 2% on the Nasdaq Composite and 1% on the S&P 500.In domestic news, a total of 2,871 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) Pulse auction held Tuesday, with supply ranging from 2,700 MT to 3,050 MT, according to data from the trading platform.In corporate news, Auckland International Airport (ASX:AIA, NZE:AIA) expects June 27 to be the busiest day for international departures, with nearly 15,000 travellers set to fly out of the airport.Westpac Banking (ASX:WBC, NZE:WBC) appointed Richard Heeley as its Chief Information Officer, commencing later in the year.

^NZ50ASX:AIAASX:WBCNZE:AIANZE:WBC
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Wednesday.Synlait Milk (NZE:SML): +4%, NZ$0.43Steel & Tube Holdings (NZE:STU): +3%, NZ$0.36New Zealand King Salmon (NZE:NZK): +2%, NZ$0.23Napier Port Holdings (NZE:NPH): +2%, NZ$3.70AFT Pharmaceuticals (NZE:AFT): +2%, NZ$3.78Ventia Services Group (NZE:VNT): +2%, NZ$8.40Investore Property (NZE:IPL): +1%, NZ$1.05Channel Infrastructure NZ (NZE:CHI): +1%, NZ$3.20T&G Global (NZE:TGG): +1%, NZ$2.45Air New Zealand (NZE:AIR): +1%, NZ$0.46

^NZ50NZE:AFTNZE:AIRNZE:CHINZE:IPLNZE:NPHNZE:NZKNZE:SMLNZE:STUNZE:TGGNZE:VNT
Asia

NZX Biggest Losers

Here are the NZX-listed companies with the biggest losses on Wednesday.Serko (NZE:SKO): -6%, NZ$1.45Manuka Resources (NZE:MKR): -6%, NZ$0.10Briscoe Group (NZE:BGP): -2%, NZ$4.54Meridian Energy (NZE:MEL): -2%, NZ$5.86Summerset Group (NZE:SUM): -2%, NZ$8.60Hallenstein Glasson Holdings (NZE:HLG): -2%, NZ$10Vista Group International (NZE:VGL): -2%, NZ$2.35Templeton Emerging Markets (NZE:TEM): -2%, NZ$8.06NZX (NZE:NZX): -1%, NZ$1.39Vector (NZE:VCT): -1%, NZ$4.90

^NZ50NZE:BGPNZE:HLGNZE:MELNZE:MKRNZE:NZXNZE:SKONZE:SUMNZE:TEMNZE:VCTNZE:VGL
Asia

NZX Midday Sector Update: Industrial Services Stocks Rise, Retail Trade Declines

Industrial services gained the most among New Zealand sectors on Wednesday, advancing almost 2%.Ventia Services Group (NZE:VNT, ASX:VNT) gained nearly 2% in recent trade.Meanwhile, the retail trade sector declined by almost 2%.Briscoe Group (NZE:BGP, ASX:BGP) was down nearly 3% in recent trade.

^NZ50ASX:BGPASX:VNTNZE:BGPNZE:VNT
Asia

NZX Most Active Stocks

Here are the most actively traded stocks on New Zealand's Exchange on Wednesday.Tourism Holdings (NZE:THL): 3.2 million sharesSpark New Zealand (NZE:SPK): 1.4 million sharesStride Property Group (NZE:SPG): 827,060 sharesAir New Zealand (NZE:AIR): 571,327 sharesVulcan Steel (NZE:VSL): 562,340 shares

^NZ50NZE:AIRNZE:SPGNZE:SPKNZE:THLNZE:VSL
International

Quantity Sold at GDT Pulse Auction Nearly Reaches 3,000 Metric Tonnes

A total of 2,871 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) Pulse auction held Tuesday, with supply ranging from 2,700 MT to 3,050 MT, according to data from the trading platform.The average selling price for anhydrous milk fat was $6,106 per MT, skim milk powder averaged $3,215 per MT, and whole milk powder averaged $3,521 per MT.

^NZ50
Asia Markets

New Zealand Shares Flat; Gentrack Group Says UBS Group Lifts Stake

New Zealand shares closed flat with a negative bias on Tuesday as Asian markets followed losses from Wall Street's Monday close.The S&P/NZX 50 Index was little changed to close at 13,435.77.On Monday, the Nasdaq Composite fell 1.3%, the S&P 500 lost 0.4%, while the Dow Jones managed to add 0.3%.The US waived sanctions on Iran for 60 days from Monday following the first talks under a fledgling peace agreement, while officials reported a continued lull in fighting in Lebanon under the deal aimed at ending hostilities across the region, Reuters reported Monday.In domestic news, New Zealand employment confidence fell 12.5 points in the June quarter to 83.1 from 95.6 in the previous quarter, the lowest reading for the survey since it started in September 2004, according to the Westpac-McDermott Miller Employment Confidence index.In corporate news, Gentrack Group (ASX:GTK, NZE:GTK) received notice that UBS Group and its affiliated entities increased their holdings in the company to 7.055% from 5.846%.Westpac Banking's (NZE:WBC, ASX:WBC) Westpac NZ said Tuesday it has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand to provide loans secured by Zespri shares.

^NZ50ASX:GTKASX:WBCNZE:GTKNZE:WBC
International

New Zealand Employment Confidence Hits Lowest Reading Since September 2004

New Zealand employment confidence fell 12.5 points in the June quarter to 83.1 from 95.6 in the previous quarter, the lowest reading for the survey since it started in September 2004, according to the Westpac-McDermott Miller Employment Confidence index released Tuesday.The survey revealed a widespread loss of confidence, consistent across regions, ages, and income groups, particularly highlighted by the Middle East conflict, which has brought labor market confidence to record lows.A net 60% of survey respondents indicated that finding a job is currently difficult, the lowest level since the mid-2010s.The latest reading is consistent with an expected renewed softness in the jobs market in the coming months, with the unemployment rate projected to reach a cyclical peak of 5.6% by year's end.While job advertisements have remained steady over the last few months, they are still below pre-pandemic levels.Meanwhile, workers' perception of job security also fell, hitting their lowest since the Covid lockdown, particularly among young workers who previously showed the most improvement, according to the survey.

^NZ50
Asia

NZX Midday Sector Update: Consumer Durables Sector Soars, Distribution Services Sector Struggles

Consumer durables shares gained the most on New Zealand's Exchange, rising nearly 3% on Tuesday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose almost 3% in recent trade.Meanwhile, shares of the distribution services sector fell roughly 2%.Shares of Steel & Tube Holdings (NZE:STU) were over 1% lower in recent trade.

^NZ50ASX:KMDNZE:KMDNZE:STU
Asia

New Zealand Shares Fall; a2 Milk Co. Secures Final China Approval for Infant Formula Transfer

New Zealand shares closed lower on Monday while the US and Iran progressed their negotiations in Switzerland.The S&P/NZX 50 Index fell 0.37%, 49.58 points, to close at 13,446.05.The first round of talks between senior US and Iranian officials in Switzerland concluded on Monday, said mediating countries Qatar and Pakistan, according to a Monday Reuters report.In domestic news, credit card spending in New Zealand increased by 1.8% month on month to NZ$4.38 billion in May after a 0.2% decrease in the previous month, while credit card balances rose 0.7% to NZ$5.99 billion in May, data from the Reserve Bank of New Zealand showed.In corporate news, a2 Milk Co. (ASX:A2M, NZE:ATM) received approval from China's State Administration for Market Regulation to transfer two China-label infant milk formula registrations tied to its Pokeno facility to its a2 brand.Oceania Healthcare (ASX:OCA, NZE:OCA) launched an offer of up to NZ$100 million in six-year fixed-rate secured, unsubordinated bonds, with the option to accept up to NZ$25 million in oversubscriptions.

^NZ50ASX:A2MASX:OCANZE:ATMNZE:OCA
International

New Zealand Credit Card Spending, Balances Rise in May

Credit card spending in New Zealand increased by 1.8% month on month to NZ$4.38 billion in May after a 0.2% decrease in the previous month, while credit card balances rose 0.7% to NZ$5.99 billion in May, data from the Reserve Bank of New Zealand showed Monday.Domestic billings on New Zealand-issued cards rose by 1.9% to NZ$3.87 billion in May, following a 1.1% decrease in the previous month. Billings on overseas-issued cards fell to NZ$514 million from NZ$598 million.Compared with the year-earlier period, credit card spending rose 5.1% in May after a 1.9% increase a year ago.

^NZ50
Asia

NZX Midday Sector Update: Non-Energy Mineral Stocks Jump, Consumer Durables Struggle

Non-energy mineral stocks advanced almost 3% at midday Monday.Fletcher Building (NZE:FBU, ASX:FBU) shares rose nearly 3% in recent trade.Meanwhile, the consumer durables sector fell almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down almost 3% in recent trade.

^NZ50ASX:FBUASX:KMDNZE:FBUNZE:KMD
Asia

New Zealand Shares Rise; SkyCity Entertainment Enters Nonbinding Heads of Agreement with South Australia Gambling Commissioner

New Zealand shares rose on Friday as markets weighed in on the 14-point agreement between the US and Iran that finally reopens the Strait of Hormuz.The S&P/NZX 50 Index rose 0.99%, or 132.32 points, to close at 13,495.63.On Thursday, the Nasdaq Composite rose 1.9%, the S&P 500 gained 1.1%, while the Dow Jones inched up 0.1%.In domestic news, New Zealand recorded a goods trade surplus of NZ$800 million in May, compared with a surplus of NZ$1.6 billion in April, Stats NZ data showed.Also, the March quarter New Zealand gross domestic product (GDP) data showed that monetary policy easing was working, but through business investment and trade rather than the consumer, Jarden said in a note late on Thursday.In corporate news, SkyCity Entertainment Group (ASX:SKC, NZE:SKC) and SkyCity Adelaide entered into a nonbinding heads of agreement with the Commissioner for Liquor and Gambling in South Australia, which provides for a total fine of AU$21 million.Rua Gold (NZE:RGI) continued to confirm "significant" potential to expand the gold-antimony resource at its Auld Creek project in South Island, New Zealand.

^NZ50ASX:SKCNZE:RGINZE:SKC
Asia

NZX Midday Sector Update: Consumer Services Stocks Jump, Consumer Durables Sector Struggles

Consumer services stocks advanced nearly 5% at midday Friday.SkyCity Entertainment Group (NZE:SKC, ASX:SKC) gained almost 15% in recent trade.The company, along with SkyCity Adelaide, has entered into a nonbinding heads of agreement, along with SkyCity Adelaide, with the Commissioner for Liquor and Gambling in South Australia, which provides for a total fine of AU$21 million, according to a Friday Australian bourse filing.On the flip side, the consumer durables sector struggled, shedding almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down nearly 3% in recent trade.

^NZ50ASX:KMDASX:SKCNZE:KMDNZE:SKC
International

New Zealand March Quarter GDP Data Shows Monetary Policy Easing was Working, Jarden Says

The March quarter New Zealand gross domestic product (GDP) data showed that monetary policy easing was working, but through business investment and trade rather than the consumer, Jarden said in a note late on Thursday.New Zealand's GDP rose 0.8% on a quarterly basis in the March quarter, but slightly below the 1% forecasted by the Reserve Bank of New Zealand (RBNZ). The December GDP was revised up to 0.5% from 0.2%, lifting annual growth to 1.5% through the year.GDP per capita rose just 0.5% in the March quarter after a flat December quarter. The resilience in the period came from the parts of the economy that cool slowly when rates rise. Consumer confidence has partly recovered but remains significantly below the long run average, Jarden noted.The upward revision to late-2025 activity leaves the level of output higher than the RBNZ assumed in May, the investment firm said. As a result, the negative output gap was smaller than it carried into the forecast. A narrower gap means a rate hike in July is "very likely." It also expects another rate hike in September to a terminal 3% by the end of 2027.

^NZ50
International

New Zealand Records NZ$800 Million Goods Trade Surplus in May

New Zealand recorded a goods trade surplus of NZ$800 million in May, compared with a surplus of NZ$1.6 billion in April, Stats NZ data showed on Friday.Goods exports rose 18% to NZ$8.88 billion, while imports rose 26% to NZ$8.08 billion.Exports were driven by a 43% increase in meat and edible offal, while mechanical machinery and equipment recorded the largest decline, falling 11%.Petroleum and petroleum products led the increase in imports, rising 104%, while ships, boats, and floating structures led the decline, falling 91%.In the year ended May, New Zealand recorded a trade deficit of NZ$3.37 billion, compared with a trade deficit of NZ$4.01 billion in the year ended May 2025.

^NZ50
Asia

New Zealand Shares Fall Slightly; Air New Zealand Group Capacity Falls in May

New Zealand shares edged lower on Thursday as investors worldwide digested the interim peace deal signed between the US and Iran.The S&P/NZX 50 Index fell 0.22%, or 29.67 points, to close at 13,363.31.The US and Iran on Wednesday disclosed the text of an interim agreement signed by their presidents to end the war, with US President Donald Trump warning that the US would resume attacks and target Iranian officials if Tehran failed to meet its commitments, according to a Thursday Reuters report.In domestic news, New Zealand's economy expanded 0.8% in the March quarter, following a 0.5% expansion in the previous quarter, Stats NZ data showed.Also, the volume of job ads in New Zealand ticked 0.3% higher in May from April to post their 18th consecutive month of growth, according to an employment report by Seek.Further, productivity for small and medium-sized businesses in New Zealand is lagging behind Australia and the UK, but the sector has meaningful opportunities to bridge the gap over time, according to data published by Xero (ASX:XRO).Meanwhile, New Zealand's first-quarter gross domestic product (GDP) data showed that the economy was on an improving path until the conflict in the Middle East broke out, ANZ Research said in a note.In corporate news, Air New Zealand (ASX:AIZ, NZE:AIR) group capacity edged down 0.1% year on year in May.NZX (NZE:NZX) has effectively met its market operator obligations during the year ended Dec. 31, 2025.

^NZ50ASX:AIZNZE:AIRNZE:NZX
International

New Zealand Job Ads Volume Grew for 18th Consecutive Month in May, Seek Says

The volume of job ads in New Zealand ticked 0.3% higher in May from April to post their 18th consecutive month of growth, according to a Thursday employment report by Seek.Job ads now stand at the highest volume in over two years, although they have not yet reached levels seen before the pandemic.Applications per job ad rose 0.6% month over month in April, increasing for the first time since mid-2025, according to the report.Meanwhile, job ads that reference artificial intelligence skills increased 3.9% in May from the previous month and now represent 3.3% of total job ads, the report said.Seek pointed to strong growth outside the main metropolitan areas, with West Coast, Southland, and Canterbury all posting notable monthly and annual gains, while the volume of ads in Auckland and Wellington fell slightly from the previous month but remain higher compared with a year earlier."The market and outlook remains tough and some sectors are clearly navigating within a conservative environment - but on balance, this is a job market that is moving in the right direction," said Rob Clark, Seek's country manager for New Zealand.

^NZ50
International

New Zealand Economy Posts Solid Q1 Growth Amid Revisions, Westpac Says

New Zealand's economy grew 0.8% in the March quarter, with upward revisions to prior data strengthening the overall outlook despite a slightly softer quarterly reading than expected, according to a Thursday report by Westpac Banking (ASX:WBC, NZE:WBC).Westpac said the gain was driven by broad-based sector strength, with manufacturing, wholesale and retail trade, and professional services all posting solid increases, broadly in line with its expectations.The bank noted revisions were a key feature of the release, with December 2025 quarter gross domestic product (GDP) lifted to 0.5% from 0.2% on updated construction and agricultural data, while changes to seasonal adjustment factors reduced the usual March-quarter uplift.The bank said annual GDP growth came in at 1.5%, above its 1.2% forecast, with the upside largely reflecting statistical revisions rather than a meaningful improvement in economic momentum.The bank added that the result was broadly in line with Reserve Bank of New Zealand expectations, but the focus is likely to shift to recent developments, including fuel price swings, lower oil prices, and uncertainty over the durability of the peace agreement.

^NZ50ASX:WBCNZE:WBC

Showing 321-340 of 611

Track with the FINWIRES app suite

FolioX
FolioX
Track S&P/NZX 50 Index in your portfolio
WheelAI
WheelAI
Analyze S&P/NZX 50 Index options with the wheel strategy
StockInsider
StockInsider
See market sentiment on S&P/NZX 50 Index