NZX50 cracks 10,000 level as weak kiwi boosts A2, F&P Healthcare

Tue, 23 Apr 2019

By Paul McBeth April 23 (BusinessDesk) - The S&P/NZX 50 Index broke through the 10,000 level for the first time in trading today as exporters such as A2 Milk and Fisher & Paykel Healthcare benefited from a weaker kiwi dollar. The benchmark index rose 59.78 points, or 0.6 percent, to 10,019.40 as at 1.20pm. It climbed as high as 10,036. It's taken about five years for the index to double from 5,000, and it was another five years to reach that mark from 2,500 in the fallout of the global financial crisis. "The big 10,000 - it's pretty...

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