NZX awaits Wednesday's Official Cash Rate call

All eyes are on the Reserve Bank. (Image: Getty)

Mon, 06 Oct 2025

Property stocks continued their rally as the New Zealand sharemarket awaits a further interest rate cut to reboot the economy.The market expectation is split between an official cash rate (OCR) reduction this week of 25 and the heftier 50 basis points.The S&P/NZX 50 Index opened the week on a weaker note, declining 24.85 points or 0.18% to 13,489.24. The index has risen 2.9% so far this year.There were 69 gainers and 73 decliners on the main board with 35.2 million shares worth $103.1m changing hands.The Reserve Bank last cut the OCR by 25...

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