Outperforming NZX needs to lift its global profile, CEO Peterson says

Thu, 13 Sep 2018

By Paul McBeth Sept. 13 (BusinessDesk) - NZX chief executive Mark Peterson says the exchange can't rely solely on its record-breaking performance this year to build its international profile. The benchmark S&P/NZX 50 index hit a record in late August and has gained 9.5 percent so far this year, compared to an 8.1 percent increase on the S&P 500 in the US and a 1.3 percent increase on the S&P/ASX 200. The UK's FTSE 100, Hong Kong's Hang Seng and Japan's Topix have all posted declines. The benchmark index's 4.4 percent gain in August w...

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