NZ sharemarket slips as investors brace for OCR hike despite lower inflation – Market close

BusinessDesk22 Oct, 2026 05:27 AM5 mins to readSolar farm developer Lodestone Energy finished a successful first day as a public listed company, gaining 3c to $2.28 from an intraday high of $2.35 after raising $75 million in its initial public offer. The New Zealand sharemarket had a small fall as investors braced themselves for an interest rate hike next week despite lower inflation. The S&P/NZX 50 Index dipped from a mid-morning high of 13,842.48 and closed at 13,746.84, down 14.45 points or 0.11% (there was a late rise), after the release