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New Zealand Stocks Decline 0.5%

Dow Jones03-20 12:31

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

Stocks in New Zealand slipped Friday, as the S&P/NZX 50 Index dropped 0.5% to 12989.99.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($881.9 million), Precinct Prop New Zealand was the biggest laggard, falling 4.5%, followed by shares of Spark New Zealand, which declined 2.8%. Shares of Fisher & Paykel Health declined 2.2%.

Chorus was the biggest leader during the session, increasing 2.5%, and Ryman Healthcare added 1.4%. Kiwi Property Group rounded out the top three movers, as shares rose 1.0%.

On the currency front, the WSJ Dollar Index rose 0.2% to 96.11. The New Zealand dollar weakened 0.1% against the U.S. dollar to 58.79 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield rose 4.75 basis points to 4.745%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 20, 2026 00:31 ET (04:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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