Markets

MARKET CLOSE: NZ shares dip as rising kiwi crimps exporters, NZX website offline

Dan Brunskill
Tue, 15 Sep 2020

New Zealand shares missed a regional rally as the strong kiwi dollar stymied strong offshore leads, while the NZX’s website went offline in the afternoon. The S&P/NZX 50 Index decreased 19.79 points, or 0.2 percent, to 11,770.75. Within the index, 20 stocks fell, 26 rose and four were unchanged. Turnover was $148.1 million. Trading may have been slowed by the NZX’s website coming offline for much of the afternoon in similar circumstances to the cyber-attacks in August. Those unable to access the website were redirected to an alternate...

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