The NZX 50 dropped 86 points, or 0.7%, to close at 12,826 on Wednesday, reversing earlier gains after rising in the previous session, as investors remained cautious ahead of the Reserve Bank of New Zealand meeting next week amid uncertainty over global conditions caused by the war. Market sentiment was further pressured by a slowdown in Chinese factory activity, New Zealand’s top trading partner.
Still, a rise in U.S. futures after all three major indexes surged during the regular session, amid renewed Middle East de-escalation hopes, helped cap the losses. Consumer staples, utilities, and real estate led the declines, though gains in energy, materials, and industrials also limited the downside. The top losers were Infratil (-3.8%), Ryman Healthcare (-2.8%), A2 Milk (-2.7%), Delegat Group (-1.6%), and Fisher & Paykel Healthcare (-0.8%).
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




