New Zealand Stocks Climb 0.5% In Early Trading

Dow Jones05-07

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in New Zealand rose during early trading Thursday, as the S&P/NZX 50 Index gained 0.5% to 13217.48.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($893.4 million), Fisher & Paykel Health is the biggest leader this morning, gaining 2.1%, and Ebos Group gained 1.3%. Contact Energy rounds out the top three movers, as shares rose 1.2%.

Mercury NZ is the biggest early laggard, slipping 0.3%.

On the currency front, the WSJ Dollar Index was flat at 94.79. The New Zealand dollar held steady against the U.S. dollar at 59.55 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield rose 0.52 basis point to 4.672%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 06, 2026 18:31 ET (22:31 GMT)

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