New Zealand Stocks Decrease 0.1% In Early Trading

Dow Jones
May 15

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in New Zealand slipped during early trading Friday, as the S&P/NZX 50 Index fell 0.1% to 13010.55.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($886.5 million), Spark New Zealand is the biggest early laggard, falling 1.1%, followed by shares of Infratil, which slipped 0.9%. Shares of Fletcher Building slipped 0.7%.

Kiwi Property Group is the biggest leader this morning, rising 1.1%, and Mainfreight added 0.5%. Precinct Prop New Zealand rounds out the top three movers, as shares climbed 0.5%.

On the currency front, the WSJ Dollar Index increased 0.3% to 95.49. The New Zealand dollar strengthened 0.3% against the U.S. dollar to 59.11 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield declined 1.41 basis points to 4.744%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 14, 2026 18:32 ET (22:32 GMT)

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