24 October 2025, 03:56  New Zealand: Stocks Muted But Heads for Weekly Gains.

The NZX 50 was little changed at around 13,375 in early Friday trade, after strength in the prior session. Traders await upcoming data on consumer and business sentiment for October in New Zealand, following a weak consumer mood in September and a subdued business outlook. Investors also monitored global trade dynamics after the White House confirmed a meeting between President Trump and Chinese leader Xi Jinping later this month, alongside another round of high-level trade talks set for this weekend at the ASEAN Summit. Losses in energy minerals, and logistics offset gains in producer manufacturing and industrial services. Still, markets are on track to post their first weekly rise in three, up about 0.9% so far, helped by optimism that the U.S. Fed will cut interest rates at its meeting next week and in December. Sky Network TV climbed 3.0%, followed by Serko Ltd. (1.9%), and Ebos Group (1.2%), while T&G Global (-2.6%), Channel Infrastructure (-2.3%), and South Port NZ (-1.6%) fell.

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