PremiumBusinessDesk21 May, 2026 06:37 AM5 mins to readAFT Pharmaceuticals surged 27c or 7.65% to $3.80 after reporting a 22% increase in full-year revenue and 23% rise in net profit. Photo / DepositPhotosThe New Zealand sharemarket rallied nearly 1% after the large block of Contact Energy shares were quickly snapped up, and United States President Donald Trump indicated he was in the final stages of a peace deal with Iran.

Following another rebound on Wall Street, the S&P/NZX 50 Index climbed to