The NZX 50 rose 10 points, or 0.1%, to close at 12,915 on Monday, partly erasing earlier gains, and halting losses from the previous two sessions, with support from financials, technology, and materials stocks. Latest trade data from New Zealand lifted sentiment, as the country posted an NZ$0.70 billion surplus in March, swinging from an NZ$0.79 billion deficit in the same month of 2025. However, a decline in U.S. futures after Iran again closed the Strait of Hormuz, following the U.S. seizure of an Iranian vessel, capped gains. Traders are also anticipating the release of Q1 inflation data on Tuesday to guide the central bank’s monetary policy decisions amid rising oil prices. Among the top performers were Henderson Far East Income (2.6%), Gentrack Group (2.2%), Infratil (2.1%), Meridian Energy (2.0%), Colonial Motor Company (1.7%), and ANZ Group (1.4%).