New Zealand Shares Rise as Wall Street Recovers From Correction Territory

MT Newswires Live

Mar 26, 2025

New Zealand shares rose on Wednesday as Asian indexes tracked gains from Wall Street after it slightly recovered from its correction territory.

The S&P/NZX 50 Index rose 1.2% or 149.67 points to close at 12,334.18.

On Tuesday's close, the benchmark S&P 500 gained 0.2%, and the Nasdaq Composite rose 0.5%.

On the local macroeconomic front, New Zealand's total lending rose to NZ$5.85 billion in February from NZ$5.13 billion in January, data from the Reserve Bank showed Wednesday.

In corporate news, Westpac Banking (NZE:WBC, ASX:WBC) requested New Zealand's Reserve Bank to review the 2019 capital adequacy rules, calling it more cautious than most other countries. The lender's Kiwi shares closed marginally higher.

NZME's (ASX:NZM, NZE:NZM) shareholder Jim Grenon demanded a board overhaul alleging the company of "poor" operating performance and "cherry picking" data to mislead investors. The company's New Zealand shares were up more than 3% at market close.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Trading app for stocks, options & ETFs","description":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","keywords":"tiger brokers,tiger brokers au,tiger brokers australia,tiger trade,tiger trading,australia stock platform,US option,US stocks,stocks and options,australian trading platform,online broker australia,stock trading apps,mobile trading app,desktop trading,chess sponsored brokers,share trading platform","social":{"ogDescription":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2522893647"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2522893647\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2522893647?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-26 12:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522893647","market":"fut","top_or_hot":-1,"title":"New Zealand Shares Rise as Wall Street Recovers From Correction Territory","media":"MT Newswires Live","content":"<html><body><p> New Zealand shares rose on Wednesday as Asian indexes tracked gains from Wall Street after it slightly recovered from its correction territory.</p><p>The S&amp;P/NZX 50 Index rose 1.2% or 149.67 points to close at 12,334.18.</p><p>On Tuesday's close, the benchmark S&amp;P 500 gained 0.2%, and the Nasdaq Composite rose 0.5%.</p><p>On the local macroeconomic front, New Zealand's total lending rose to NZ$5.85 billion in February from NZ$5.13 billion in January, data from the Reserve Bank showed Wednesday.</p><p>In corporate news, Westpac Banking (NZE:WBC, ASX:WBC) requested New Zealand's Reserve Bank to review the 2019 capital adequacy rules, calling it more cautious than most other countries. The lender's Kiwi shares closed marginally higher.</p><p>NZME's (ASX:NZM, NZE:NZM) shareholder Jim Grenon demanded a board overhaul alleging the company of \"poor\" operating performance and \"cherry picking\" data to mislead investors. The company's New Zealand shares were up more than 3% at market close.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New Zealand Shares Rise as Wall Street Recovers From Correction Territory</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew Zealand Shares Rise as Wall Street Recovers From Correction Territory\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-26 12:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> New Zealand shares rose on Wednesday as Asian indexes tracked gains from Wall Street after it slightly recovered from its correction territory.</p><p>The S&amp;P/NZX 50 Index rose 1.2% or 149.67 points to close at 12,334.18.</p><p>On Tuesday's close, the benchmark S&amp;P 500 gained 0.2%, and the Nasdaq Composite rose 0.5%.</p><p>On the local macroeconomic front, New Zealand's total lending rose to NZ$5.85 billion in February from NZ$5.13 billion in January, data from the Reserve Bank showed Wednesday.</p><p>In corporate news, Westpac Banking (NZE:WBC, ASX:WBC) requested New Zealand's Reserve Bank to review the 2019 capital adequacy rules, calling it more cautious than most other countries. The lender's Kiwi shares closed marginally higher.</p><p>NZME's (ASX:NZM, NZE:NZM) shareholder Jim Grenon demanded a board overhaul alleging the company of \"poor\" operating performance and \"cherry picking\" data to mislead investors. The company's New Zealand shares were up more than 3% at market close.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2522893647","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522893647","pubTimestamp":1742963965,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"New Zealand shares rose on Wednesday as Asian indexes tracked gains from Wall Street after it slightly recovered from its correction territory.The S&P/NZX 50 Index rose 1.2% or 149.67 points to close at 12,334.18.On Tuesday's close, the benchmark S&P 500 gained 0.2%, and the Nasdaq Composite rose 0.5%.On the local macroeconomic front, New Zealand's total lending rose to NZ$5.85 billion in February from NZ$5.13 billion in January, data from the Reserve Bank showed Wednesday.In corporate news, Westpac Banking  requested New Zealand's Reserve Bank to review the 2019 capital adequacy rules, calling it more cautious than most other countries. The lender's Kiwi shares closed marginally higher.NZME's  shareholder Jim Grenon demanded a board overhaul alleging the company of \"poor\" operating performance and \"cherry picking\" data to mislead investors. The company's New Zealand shares were up more than 3% at market close.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7511":"ESG概念","BK7135":"综合性银行","T10G.NZ":"S&P/NZX 10","NZM.AU":"NZME LIMITED","BK7038":"出版","NZ20C.NZ":"S&P/NZX 20","NZ50G.NZ":"S&P/NZX 50","WBC.AU":"WESTPAC BANKING CORPORATION"},"translate_title":"随着华尔街从调整区域复苏，新西兰股市上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NZ50G.NZ":1,"WBC.AU":0.9,"NZ20C.NZ":1,"T10G.NZ":1,"NZM.AU":0.9},"content_text":"New Zealand shares rose on Wednesday as Asian indexes tracked gains from Wall Street after it slightly recovered from its correction territory.The S&P/NZX 50 Index rose 1.2% or 149.67 points to close at 12,334.18.On Tuesday's close, the benchmark S&P 500 gained 0.2%, and the Nasdaq Composite rose 0.5%.On the local macroeconomic front, New Zealand's total lending rose to NZ$5.85 billion in February from NZ$5.13 billion in January, data from the Reserve Bank showed Wednesday.In corporate news, Westpac Banking (NZE:WBC, ASX:WBC) requested New Zealand's Reserve Bank to review the 2019 capital adequacy rules, calling it more cautious than most other countries. The lender's Kiwi shares closed marginally higher.NZME's (ASX:NZM, NZE:NZM) shareholder Jim Grenon demanded a board overhaul alleging the company of \"poor\" operating performance and \"cherry picking\" data to mislead investors. The company's New Zealand shares were up more than 3% at market close.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}