empty
 
 

2026.09.1623:08:45UTC+00NZX 50 Edges Higher After GDP Data

The NZX 50 edged up 8 points, or 0.1%, to 13,631 in Thursday morning trade, extending the previous session’s gains after the release of New Zealand’s GDP figures. Fresh data showed the economy grew more than expected, with GDP expanding 2.6% year-on-year, and easing to a 0.2% increase quarter-on-quarter, against a backdrop of elevated oil prices driven by the ongoing conflict in the Middle East.

Upside was capped by the US Federal Reserve’s decision to raise interest rates by 25 basis points. Investors also kept a close watch on developments in the Iran–US war and their implications for oil prices.

Financials, healthcare, and utilities led the market higher. Notable gainers included Channel Infrastructure (+1.5%), Freightways Group (+0.7%), AFT Pharmaceuticals (+0.5%), EBOS Group (+0.5%), and Gentrack Group (+0.5%).

  • 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 $3000 more!
    In September we raffle $3000 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