NZ sharemarket gains as RBNZ takes friendlier tone on future interest rate rises – Market close

BusinessDesk2 Sep, 2026 06:34 AM5 mins to readReserve Bank of New Zealand Governor Anna Breman and her colleagues delivered the expected OCR increase but there were "no nasty surprises" in the bank's commentary, an analyst said. Photo / Mark Mitchell The New Zealand sharemarket made a strong gain after the Reserve Bank, as expected, increased the Official Cash Rate by 25 basis points to 2.75%, but was more comforting about future rises. The S&P/NZX 50 Index dipped at lunchtime to a low of 13,682.12 but then climbed steadily after the