Possible scenario
National Coalition Forms
+0.2%
Christopher Luxon’s National Party remains the most likely government-former despite falling short of an outright majority. A center-right coalition with ACT and New Zealand First would broadly match the post-count direction implied by National’s lead and the recent precedent of multi-party government formation.
What it moves
- Finance+0.4%
- Industrials+0.3%
- Market volatility
- Riskier companies' borrowing costs
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