PremiumHome / Business / Markets / SharesBusinessDesk28 Oct, 2026 05:47 AM3 mins to readSteel & Tube was the top gainer, rising 6.9% to 31c. Photo / Steel & TubeSteel & Tube was the top gainer, rising 6.9% to 31c. Photo / Steel & TubeThe NZX 50 ended higher Wednesday after the Reserve Bank of New Zealand surprised markets by keeping the Official Cash Rate on hold at 2.75%. Despite markets pricing a 25-basis-point hike as a near certainty, the Monetary Policy Committee kept the Official Cash Rate (OCR) unchanged by four votes to AdvertisementAdvertise with NZME.
NZX 50 rises after RBNZ surprises markets with OCR hold
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