New Zealand Stocks Decline 0.3%

Dow Jones
07/21

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

Stocks in New Zealand slipped Tuesday, as the S&P/NZX 50 Index fell 0.3% to 13656.03.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($879.5 million), A2 Milk was the biggest laggard, dropping 1.8%, followed by shares of Chorus, which declined 1.7%. Shares of Ebos Group dropped 1.7%.

Infratil was the biggest leader during the session, adding 2.2%, and Kiwi Property Group added 1.6%. Precinct Prop New Zealand rounded out the top three movers, as shares added 1.4%.

On the currency front, the WSJ Dollar Index held steady at 97.12. The New Zealand dollar strengthened 0.4% against the U.S. dollar to 58.63 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield fell 2.58 basis points to 4.693%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 21, 2026 01:30 ET (05:30 GMT)

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