New Zealand stocks fell 10 points, or 0.1%, to close at 13,920 on Thursday, reversing morning gains and ending advances from the previous two sessions. Profit-taking followed the broader index reaching a record high and its highest level since August 5 a day earlier. Energy, consumer staples and industrials weighed on the market, while communication services, financials and healthcare limited the decline. Gains in U.S. stock futures and a sharp drop in Treasury yields also supported sentiment. ANZ Group fell 3.3%, A2 Milk dropped 2.1%, Briscoe Group declined 1.8%, Auckland International Airport and Chorus each lost 1.5%, and EBOS Group slipped 1.3%. Spark New Zealand, the country’s largest telecommunications company, surged 6.4% after reporting a 91.9% jump in net profit for H2 2026. Skellerup Holdings rose 1.4% after posting a 24.2% increase in net profit.