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Stocks in New Zealand rose Wednesday, as the S&P/NZX 50 Index added 0.8% to 13763.18.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($873.8 million), Fletcher Building was the biggest leader during the session, gaining 2.4%, and Fisher & Paykel Health gained 1.8%. Ryman Healthcare rounded out the top three movers, as shares rose 1.8%.

Contact Energy was the biggest laggard, falling 1.6%, followed by shares of Kiwi Property Group, which fell 1.0%. Shares of Vital Hlthcr Property Tr slipped 0.5%.

On the currency front, the WSJ Dollar Index was flat at 97.33. The New Zealand dollar held steady against the U.S. dollar at 58.25 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield rose 1.86 basis points to 4.713%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 22, 2026 01:30 ET (05:30 GMT)

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