‘Impressively resilient’ NZX 50 up 0.3%

Mon, 28 Feb 2022

New Zealand's headline share index started the week with small gains while US markets signalled a fall tonight after harsher sanctions were imposed on Russia over the weekend.The S&P/NZX 50 Index rose 40 points, or 0.3%, to 11963.23. Turnover was higher than usual at $302 million as the MSCI Indices had their quarterly rebalance.Trading was very light prior to the rebalance as investors were likely waiting to see how US markets opened tonight after European countries agreed to a harsher set of sanctions against Russia over the weekend.&...

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