Small-cap stocks dramatically outperforming heavyweights

Small-cap stocks dramatically outperforming heavyweights
The pandemic brought the NZX's bull market run to a halt.
Dan Brunskill and Andy Fyers
It has been a rough year for returns on New Zealand’s benchmark equity index, which is down 5.6% as it nurses a hangover from a wild 2020, but analysts say the market isn’t doing as bad as it looks.While the S&P/NZX 50 Index has given up all of its summer gains as the largest stocks fell, smaller listed companies continued to rally with the improving economy.The S&P/NZX SmallCap Index is up 5.7% so far this year and the S&P/NZX MidCap Index is up 1%, while the S&P/NZX 10 – made up of only the biggest stocks &nd...

More Markets

Fisher & Paykel Healthcare helps NZX up 1%
Markets Market Close

Fisher & Paykel Healthcare helps NZX up 1%

Skellerup Holdings shares rose 5.1%. 

Gregor Thompson 01 Jul 2025
Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Gregor Thompson 01 Jul 2025
Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

Pattrick Smellie 01 Jul 2025