Find financial news and analysis across NZ and Australia.
3 results for “pmi”
New Zealand's manufacturing sector slowed significantly in April 2026, with the PMI dropping to 50.5. Escalating costs linked to Middle East conflict are impacting supply chains and new orders.
The ASX 200 ended its longest losing streak since 2018 on May 1, 2026, rising 0.74% to 8,729.80 points as BHP and Rio Tinto led a materials sector recovery.
The S&P/ASX 200 index experienced a significant 1.62% rebound to close at 8,731.70 points on Friday, May 29, 2026. This surge, driven by mining and banking gains, was fueled by hopes of a tentative 60-day US-Iran ceasefire extension.