NZ shares finish week down 1%

Fri, 25 Mar 2022

New Zealand's benchmark share index was up on Friday but not enough to erase the week's losses. NZME led the market after it struck a preliminary deal for Google to pay for some of its news content.The S&P/NZX 50 Index rose about 40 points, or 0.3%, to 12,055. Turnover was $160 million.Tina Teng, a markets analyst at CMC Markets, said Asian markets were prepped for a strong open after a tech-led rebound on the US markets overnight.“[Computer] chip stocks led broader market gains as investors continue to take bets on growth sto...

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