Growth stocks lead NZX 50 lower

Serko shares are down 30% this year. (Image: Supplied)

Fri, 04 Mar 2022

New Zealand's share market fell half a percent Friday, but the benchmark equity index still finished the week up 1.8% as it bounced back from a sell-off when Russia first invaded Ukraine.The S&P/NZX 50 Index fell 70 points, or 0.6%, to 12,141.77. Turnover was $163 million.Investors have remained focused on the financial implications of the war in Ukraine which threatens to exacerbate inflation.Commodity prices took another sharp lead overnight. The S&P GSCI index of global raw material prices was up 18% this week – the fastest...

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