NZX 50 outperforms Australian, European indices in Q3

Wed, 01 Oct 2014

By Suze Metherell Oct. 1 (BusinessDesk) - The NZX 50 Index outperformed its Australian, European and UK counterparts in the past quarter, s pushed higher by confidence after August's reporting season and a rally in listed electricity generator-retailers based on political relief, which boosted the index to record levels. The benchmark index gained 2.2 percent in the three months ended Sept. 30, in contrast to and outperforming Australia's S&P/ASX 200 Index's drop of 1.9 percent, Germany's DAX Index which declined 3.6 percent and the UK's...

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