empty
 
 

2026.07.2822:54:30UTC+00NZX 50 Hits Fresh Record High in Morning Trade

New Zealand shares edged 15 points, or 0.1%, higher to 13,877 in Wednesday morning trade, buoyed by gains across real estate, energy, consumer discretionary, financials, and communication services. The benchmark index set a fresh intraday record after closing at an all-time high of 13,862 on Tuesday, its second consecutive record finish.

Sentiment was underpinned by easing oil prices and waning inflation concerns, which dampened expectations of additional interest rate hikes. Even so, investors remained cautious ahead of the US Federal Reserve’s monetary policy decision and China’s PMI data, as well as the upcoming releases of New Zealand’s July consumer confidence and business outlook figures later this week.

Early gainers included AFT Pharmaceuticals (up 2.2%), Delegat Group (1.9%), Ventia Services Group (1.8%), Chorus (1.2%), Ebos Group (1.1%), Channel Infrastructure NZ (0.9%), and Freightways Group (0.7%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback