PremiumUpdatedBusinessDesk29 Jun, 2026 06:14 AM4 mins to readThe RBNZ meets next Tuesday for its monetary policy review. The ASB believes the central bank will wait till September before commencing rate hikes. Photo / RNZThe New Zealand sharemarket shrugged off renewed attacks in the Middle East with a handy gain, led by heavyweights Fisher & Paykel Healthcare and Mainfreight.

The S&P/NZX 50 Index struggled in the morning, hitting a low of 13,410.49, but recovered strongly in the afternoon, closing at 13,545.56, up 50.32 points,