New Zealand stocks fell 133 points, or 1.0%, to close at 13,880 on Thursday, reversing a 29-point morning gain and advances from the previous two sessions. The decline followed Wednesday's record close at 14,013, when the index first crossed 14,000, and nearly every sector fell, led by consumer staples. Precinct Properties NZ dropped 4.3% after its earnings report, while A2 Milk, Meridian Energy, EBOS Group, Infratil, ANZ Group and Fisher & Paykel also declined. Genesis Energy gained 1.8% after reporting higher earnings despite a valuation hit that halved profit, while Summerset Group rose 8.0% after reporting a 92% increase in net profit for the six months ended June 30, 2026. Higher U.S. stock futures after Nvidia's earnings-driven surge limited the market's losses.