New Zealand Stocks Climb 0.3%

Dow Jones
07/03

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

Stocks in New Zealand rose Friday, as the S&P/NZX 50 Index increased 0.3% to 13618.42.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($857.7 million), A2 Milk was the biggest leader during the session, gaining 2.7%, and Fletcher Building added 2.4%. Ebos Group rounded out the top three movers, as shares added 2.3%.

Infratil was the biggest laggard, dropping 1.6%, followed by shares of Meridian Energy, which dropped 1.2%. Shares of Fonterra Co-Operative Grp declined 1.2%.

On the currency front, the WSJ Dollar Index declined 0.1% to 97.13. The New Zealand dollar strengthened 0.3% against the U.S. dollar to 57.16 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield declined 0.63 basis point to 4.457%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 03, 2026 01:30 ET (05:30 GMT)

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