MARKET CLOSE: NZX50 tops 10,000, growing 284% in past decade

MARKET CLOSE: NZX50 tops 10,000, growing 284% in past decade
Paul McBeth
By Paul McBeth April 23 (BusinessDesk) - The S&P/NZX 50 Index broke through the 10,000 level for the first time today, and has climbed about 284 during the past 10 years. The benchmark index rose as high as 10,036, and ended the day up 45.22 points, or 0.5 percent, at 10,004.84. Within the index, 24 stocks rose, 22 fell, and four were unchanged. Turnover was light at $76.4 million.  The NZX50 has had a couple of attempts at hitting the 10,000 level in the past month, with global equity markets buoyed as low interest rates provide cheap...