The NZX 50 advanced by 44 points, or 0.3%, reaching 13,440 during early trading on Friday. This increase builds on the gains from the prior session, with notable strength in sectors such as communication services, healthcare, consumer discretionary, and utilities. Despite the Federal Reserve's interest rate cuts boosting market sentiment, it has indicated a potential decrease in reductions planned for 2026. Market participants are keenly awaiting the upcoming release of various economic data next week, including Q3 GDP figures, hoping for an optimistic outlook following interest rate cuts by the Reserve Bank of New Zealand. In other economic data, the business PMI in November reached its highest level in four months. This was fueled by an uptick in new orders, production, and employment, suggesting enhanced domestic demand. Early gainers in the market included Fisher & Paykel with an increase of 1.3%, Fonterra at 1.1%, Mercury NZ and Meridian Energy both at 1.1% and 0.9% respectively, Freightways at 0.7%, Infratil at 0.7%, Ebos Group at 0.6%, and ANZ Group at 0.3%. For the entire week, however, the index is projected to experience a 0.3% decline, following a stagnant performance in the previous week.