New Zealand Stocks Fall 0.4% In Early Trading

Dow Jones05-18

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

Stocks in New Zealand slipped during early trading Monday, as the S&P/NZX 50 Index dropped 0.4% to 12911.09.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($876.0 million), Freightways Group is the biggest early laggard, declining 1.6%, followed by shares of Fisher & Paykel Health, which fell 1.3%. Shares of Genesis Energy dropped 1.2%.

A2 Milk is the biggest leader this morning, rising 1.9%, and Ebos Group added 1.1%. Chorus rounds out the top three movers, as shares climbed 0.3%.

On the currency front, the WSJ Dollar Index held steady at 95.90. The New Zealand dollar held steady against the U.S. dollar at 58.41 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield held steady at 4.764%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 17, 2026 18:31 ET (22:31 GMT)

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