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NZX:POT 2 December 2025

New Zealand Stock Market Today (2 December 2025): NZX 50 Rebounds 0.4% as Healthcare, Ports and Property Lead Gains

New Zealand Stock Market Today (2 December 2025): NZX 50 Rebounds 0.4% as Healthcare, Ports and Property Lead Gains

The S&P/NZX 50 Index closed up 0.4% at 13,502.77 on Tuesday, recovering Monday’s losses as health technology shares led gains. Turnover reached NZ$126 million with 67 stocks up and 62 down. Fisher & Paykel Healthcare rose over 1%, while AFT Pharmaceuticals climbed 2.3% and Pacific Edge advanced 3.3%. The index remains 1.8% below its November record high.
2 December 2025
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Stock Market Today

  • Corn Prices Drop as USDA Increases South American Production Estimates
    June 12, 2026, 5:07 PM EDT. Corn futures fell 7 to 10 ½ cents on Thursday, pressured by USDA's higher South American production estimates. Brazil's output was raised to 138 million metric tons (MMT), Argentina to 61 MMT, contributing to increased global supplies. USDA's monthly World Agricultural Supply and Demand Estimates (WASDE) report showed U.S. old crop ending stocks up 3 million bushels (mbu) to 2.145 billion bushels (bbu) and revised ethanol usage lower by 25 mbu. Export sales rose 13.3% from the previous week, led by Japan. July corn settled at $4.11 ¾, down 7 ¼ cents, reflecting market adjustments to supply changes. The broader market reacted to increased new crop carryout projected at 281.22 MMT globally, up 3.68 MMT year-over-year, signaling ample supply ahead.

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137 Ventures’ Stake Nears $20 Billion as SpaceX IPO Arrives

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SpaceX soared past a $2.1 trillion market value in its record-shattering IPO debut, despite disclosing a $4.937 billion net loss in 2025 and a $4.276 billion net loss in Q1 2026, spotlighting investor appetite for Musk’s ambitions even as analysts warn the valuation far exceeds Morningstar’s $780 billion estimate.
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