NZ stocks up 1.6 pc
March 18 – Close: A robust performance on Wall Street spurred bargain hunters on the New Zealand sharemarket to push the NZX 50 index up 41.6 points to 2606.3, a lift of 1.6 percent.
NZX 50 Index | | ||
2606.326 | +41.603 | +1.62% |
NZX 15 Index | |||
4872.726 | +89.706 | +1.88% |
NZX 50 Portfolio Index | |||
1525.781 | +12.656 | +0.84% |
NZX SciTech Index | |||
561.96 | -1.298 | -0.23% |
As at 6:15 pm, 18 Mar (20 min delay)
Global registry system launched
Stock exchange operator NZX's carbon market unit took a major step forward today with the launch of a global registry system.
Kiwi trades in narrow range
March 18 – Close: The New Zealand dollar continued trading in a narrow range against the greenback today, in the absence of new domestic economic data.
Crisis having "major" impact on central banks
Financial turmoil has had a "major" impact on the reserve management policies of central banks and almost all are rethinking diversification tactics, a survey showed.
Key talks up NZ's position
Prime Minister John Key talked up New Zealand's position amidst the global recession at a Council of Trade Unions (CTU) productivity conference in Wellington today.
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