New Zealand’s benchmark S&P/NZX 50 index edged up 0.1% to end at 13,392 on Friday, marking a second consecutive session of gains, supported by strength across healthcare, property, non-energy minerals, technology services, and manufacturing stocks.
Among the notable performers were Fletcher Building (+1.6%), Ryman (+0.7%), Kiwi Property Group (+0.9%), Argosy Property (+2.4%), Vista Group International (+3.65%), and Skellerup Holdings (+3.85%).
The local bourse tracked a positive lead from Wall Street, where US equites closed higher on Thursday after the White House confirmed that President Donald Trump will meet Chinese President Xi Jinping next week during his trip across Asia—fueling optimism over potential progress in trade discussions.
For the week, the NZX 50 advanced 0.8%, snapping a two-week losing streak.