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NZX:IFT News 6 January 2026

New Zealand Stock Market Ends Higher as BlueScope Bid Sparks Steel Rally, Infratil Gains

New Zealand Stock Market Ends Higher as BlueScope Bid Sparks Steel Rally, Infratil Gains

Wellington, Jan 6, 2026, 23:00 NZDT — Market closed New Zealand shares closed higher on Tuesday, led by steel-linked names after a takeover approach for Australia’s BlueScope Steel rippled across the sector. The benchmark S&P/NZX 50 index rose 76.35 points, or 0.56%, to 13,663.58, NZX data showed.  Reuters The advance stretched the index’s winning streak to four sessions and left…
6 January 2026
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Stock Market Today

  • Corn Prices Rally as U.S. Export Sales Hit Multi-Year High
    January 26, 2026, 2:47 AM EST. Corn futures rose Friday with gains of 5 to 7 cents after the U.S. Department of Agriculture reported export sales hitting 4.01 million metric tons (MMT) for the week ending January 15. This marked the largest corn export week since March 2021 and the strongest excluding China and previous backlog sales since 1991. The surge exceeded estimates of 1.9 to 3.1 MMT and doubled sales from the same week last year. March corn futures climbed to $4.30 3/4 per bushel, while the national average cash price rose to $3.94 1/2. The rally reflects heightened international demand following recent price declines. Market watchers are closely monitoring these strong exports as a sign of robust global corn demand amid competitive U.S. pricing.
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