New Zealand Stocks Decrease 1.2% In Morning Trading

Dow Jones
Jun 08

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

Stocks in New Zealand fell during early trading Monday, as the S&P/NZX 50 Index dropped 1.2% to 13007.19.

Among local companies with a market cap of at least 1.5 billion New Zealand dollars ($868.5 million), Auckland Intl Airport is the biggest early laggard, declining 2.8%, followed by shares of Meridian Energy, which dropped 2.4%. Shares of Fletcher Building declined 1.9%.

None of the large companies headquartered in the country saw early increases.

On the currency front, the WSJ Dollar Index was flat at 96.62. The New Zealand dollar weakened 0.1% against the U.S. dollar to 57.91 U.S. cents.

In the bond markets, the 10-year New Zealand government bond yield was flat at 4.540%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 07, 2026 18:31 ET (22:31 GMT)

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