New Zealand Stocks Climb 1.5%

Dow Jones06-12

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

Stocks in New Zealand gained Friday, as the S&P/NZX 50 Index gained 1.5% to 13393.87.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($872.7 million), A2 Milk was the biggest leader during the session, surging 10%, and Ebos Group jumped 3.6%. Mercury NZ rounded out the top three movers, as shares gained 3.0%.

Freightways Group was the biggest laggard, falling 1.4%, followed by shares of Port of Tauranga, which slipped 0.8%. Shares of Chorus slipped 0.7%.

On the currency front, the WSJ Dollar Index increased 0.1% to 96.39. The New Zealand dollar weakened 0.4% against the U.S. dollar to 58.16 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield fell 8.11 basis points to 4.485%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 12, 2026 01:30 ET (05:30 GMT)

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