This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in New Zealand were flat during early trading Wednesday, as the S&P/NZX 50 Index held steady at 13867.33.
Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($867.3 million), Precinct Prop New Zealand is the biggest leader this morning, increasing 1.4%, and Kiwi Property Group added 1.1%. Port of Tauranga rounds out the top three movers, as shares climbed 0.7%.
Fletcher Building is the biggest early laggard, slipping 0.8%, followed by shares of Fisher & Paykel Health, which slipped 0.6%. Shares of Summerset Group Holdings slipped 0.6%.
On the currency front, the WSJ Dollar Index was flat at 97.55. The New Zealand dollar weakened 0.1% against the U.S. dollar to 57.82 U.S. cents.
In the bond markets, the 10-year New Zealand government bond yield rose 0.83 basis point to 4.728%.
Data source: Dow Jones Market Data, FactSet