The NZX 50 rose 49 points, or 0.4%, to 13,467 in early deals on Thursday, erasing losses from the previous three sessions ahead of the release of Q4 domestic inflation data. The market expected inflation to stand at 3%, raising hopes of further interest rate cuts at the RBNZ’s upcoming meeting to support GDP growth amid a high unemployment rate. The broader index tracked a rally on Wall Street overnight after US President Donald Trump, speaking at the World Economic Forum, agreed to outline a deal on Greenland and backed off on tariffs. Most sectors traded in the green, including financials, consumer discretionary, industrials, and utilities. On the data front, New Zealand tourist arrivals rose 8.2% yoy in November, while electronic card spending edged down 0.1% in December. Among individual stocks, Auckland International Airport rose 1.0%, Contact Energy gained 0.9%, Skellerup Holdings and Summerset Group each rose 0.8%, while Ebos Group climbed 0.5%.