New Zealand’s NZX 50 was almost flat around 13,823 in Tuesday morning trading after rising in the previous session and reaching its highest level since September 7. Gains in consumer discretionary, financial and real estate stocks offset declines in materials and healthcare. Colonial Motor rose 1.7%, Summerset Group gained 1.2%, Channel Infrastructure advanced 1.1% and Scales Corporation added 0.9%, while Fisher & Paykel, Freightways Group and Mainfreight fell. Traders remained cautious ahead of the Trump-Xi summit later this week and monitored Middle East tensions and their potential impact on oil prices. Wall Street closed higher overnight, supported by technology stocks, while oil prices and U.S. Treasury yields eased. The index had risen 82 points, or 0.6%, to close at 13,821 on Monday. New Zealand’s GDP grew 0.1% quarter-on-quarter in the second quarter, while annual growth accelerated to 2.6%.