New Zealand stocks climbed 59 points, or 0.5%, to close at 13,077 on Wednesday, erasing losses from the previous three sessions and tracking a rise on Wall Street overnight, supported by optimism over US-Iran ceasefire talks. The broader index rose from its lowest level since April 2, reached a day earlier, mainly boosted by healthcare, utilities, consumer discretionary, and financials. Market sentiment was also lifted by expectations that the Chinese Q1 economy will grow by 4.8% year-on-year, up from a 4.5% expansion in Q4 2025. A slew of Chinese economic data will be released on Thursday, including Q1 GDP, industrial output, and retail sales. Among the best performers were Ebos Group (3.6%), Contact Energy (1.3%), and Fisher & Paykel Healthcare (1.2%). Ryman Healthcare jumped 3.4% after registering a 10% year-on-year rise in total sales for Q4 FY2026, while Air New Zealand also surged 3.4% after reporting strong passenger growth.