
The Markets
Blue chip stocks drive NZX recovery
Friday 12th of October 2018
The S&P/NZX 50 index increased 122.04 points, or 1.4 percent, to 8,843.24. Within the index, 28 stocks gained, 17 fell and five were unchanged. Turnover was $129.4 million.
The benchmark index fell 4.1 percent for the week. Widespread selling across the globe on Thursday accounted for much of the NZX 50's decline, with traders struggling to attribute the turn in sentiment to a p...
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