2 April 2026, 02:57  New Zealand: Stocks Rise but Point to Weekly Flat.

The NZX 50 added 116 points, or 0.9%, to 12,942 in morning trade on Thursday, halting losses from the previous session, following an upbeat session on Wall Street overnight due to hopes of Middle East de-escalation. Investors now await US President Trump's speech on the Iran war later today. Almost all sectors traded in the green, including consumer staples, financials, and communication services. However, traders are anticipating the RBNZ monetary policy meeting next week, with the market expecting the central bank to hold the interest rate at 2.25% and assess New Zealand PM Luxon's cabinet reshuffle. Among early gainers were Ebos Group (2.0%), Hallenstein Glasson (1.8%), Chorus (1.6%), Freightways Group (1.3%), and Mainfreight (1.0%). For the week, the index is set to be flat after a four-week decline, amid easing Middle East tensions. The market will be closed on Friday for the Good Friday holiday.

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