19 May 2026, 13:24  New Zealand: NZX 50 Snaps 5-Day Losing Streak, Ends 1.7% Higher.

The NZX 50 increased 211 points, or 1.7%, to 12,974 on Tuesday, snapping a five-session losing streak, as traders took profits after the index hit its lowest level since March 30 a day earlier. The broader index rose, with almost all sectors trading in the green, led by energy stocks amid easing US-Iran tensions after President Trump postponed a planned strike on Iran. Fresh data also lifted sentiment, with New Zealand’s input and output prices rising by 1.4% and 0.8%, respectively, in Q1, both surpassing market expectations. However, traders remained cautious ahead of the PBOC’s interest rate decision due Wednesday, following disappointing Chinese economic data released on Monday. Summerset Group Holdings soared 4.2%, Fisher & Paykel Healthcare jumped 4.0%, while both Mainfreight and South Port New Zealand surged 3.4%. Meanwhile, Contact Energy and Freightways advanced 2.7% each, while Westpac Banking Corporation and ANZ Group rose 1.7% and 1.6%, respectively.

© 1999-2026 Forex EuroClub
All rights reserved