Market Close: NZX50 limps into Labour weekend

Fri, 22 Oct 2021

The local stock market limped into the three-day weekend as investors try to decipher what the 90% vaccination target means for the wider economy.The S&P/NZX 50 Index fell 32.74 points, or 0.3%, to 13,093.24 in another relatively quiet session, with turnover of $154.7 million across the main board.Investor sentiment was already unsettled with early worries about whether Chinese property developer Evergrande would make a payment deadline, which was paid this afternoon just before the 30-day grace period expired.That came as some institutiona...

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