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The NZX 50 index closed at 13,175 points on Friday, May 8, 2026, marking a daily decline of 0.72%. Despite the fall, the market secured a 1.7% weekly gain and remains up 4.52% over the past year.
The NZX50 index rose 1.1% on Friday to close at 13,039.2, ending a two-week losing streak. While Ryman Healthcare and Fletcher Building led the rally, record-low consumer confidence and a stagnant housing market continue to signal underlying economic fragility.