NZX and S&P Dow Jones enter indices deal

Thu, 26 Feb 2015

By Suze Metherell Feb. 26 (BusinessDesk) - NZX, New Zealand's only licensed stockmarket operator, has entered into an agreement with S&P Dow Jones Indices, the international market indices firm, to produce and commercialise new indices across equity markets and fixed income securities. Under the deal the NZX 50 Index, which contains the country's top 50 listed companies, will become S&P/NZX50, the Wellington-based company said in a joint statement with the global indices firm. From June 21, S&P DJI will calculate, publish and disseminate...

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