NZ stocks ride wave of 2026 optimism

NZ stocks ride wave of 2026 optimism
The market benefited from a feeling 2026 could be better. (Image: NZME)
Graham Skellern
The New Zealand sharemarket edged toward record territory, helped by growing expectations that the economy is turning and 2026 could bring better times.After a late dip, the S&P/NZX 50 Index rose 7.98 points, or 0.06%, to 13,556.30 – just shy of the 13,558.19 peak reached on January 8, 2021. That record stood for nearly five years until October 9, 2025, when the index closed at a new all-time high of 13,570.86.The benchmark has gained more than 3.3% so far this year.There were 78 gainers and 67 decliners on the main board with 39.51 m...

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