New Zealand Stocks Drop 0.2% In Early Trading

Dow Jones06-02

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

Stocks in New Zealand slipped during early trading Tuesday, as the S&P/NZX 50 Index declined 0.2% to 13218.49.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($890.0 million), Chorus is the biggest early laggard, falling 1.2%, followed by shares of Spark New Zealand, which dropped 1.0%. Shares of Fisher & Paykel Health slipped 1.0%.

Auckland Intl Airport is the biggest leader this morning, rising 1.0%, and Contact Energy climbed 0.9%. Ebos Group rounds out the top three movers, as shares climbed 0.7%.

On the currency front, the WSJ Dollar Index held steady at 95.79. The New Zealand dollar held steady against the U.S. dollar at 59.34 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield held steady at 4.533%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 01, 2026 18:31 ET (22:31 GMT)

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