The NZX 50 rose 16 points, or 0.1%, to 11,825 in morning trade on Monday, halting losses from the previous month. This followed an upbeat session on Wall Street Friday, boosted by solid US jobs data and hopes of easing trade tensions between the US and China. Top trade negotiators from the US and China are set to hold fresh talks in London on Monday, raising hopes of easing tensions over Chinese dominance in rare-earth minerals. However, gains were capped as traders anticipated Chinese CPI and PPI, as well as trade data for May, which will be released today amid further risk deflation and uncertainty over trade tariffs. Consumer discretionary, energy, and real estate sectors were mainly higher, with notable gains from Genesis Energy (1.1%), Henderson Far East Income (1.0%), Seeka Ltd (0.8%), Ebos Group (0.4%), and Ryman Healthcare (0.4%).