New Zealand Stocks Drop 0.1% In Morning Trading

Dow Jones
06/17

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

Stocks in New Zealand slipped during early trading Wednesday, as the S&P/NZX 50 Index fell 0.1% to 13410.12.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($874.8 million), Ebos Group is the biggest early laggard, slipping 0.7%, followed by shares of Spark New Zealand, which slipped 0.5%. Shares of Meridian Energy slipped 0.5%.

Freightways Group is the biggest leader this morning, gaining 1.3%, and Genesis Energy increased 1.2%. Fisher & Paykel Health rounds out the top three movers, as shares added 1.2%.

On the currency front, the WSJ Dollar Index was flat at 96.15. The New Zealand dollar held steady against the U.S. dollar at 58.31 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield rose 3.61 basis points to 4.463%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 16, 2026 18:31 ET (22:31 GMT)

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