
Investments
Proposed index changes stir controversy
Tuesday 22nd of October 2002
Possibly the most controversial aspect of the New Zealand Stock Exchange’s proposed reform of its indicies is that heavyweight Telecom will have an even greater weighting in the new Top 50 index than it does in the current Top 40.
Its weighting will rise from Telecom’s weighting will go from 21.74% of the Top 40 to 25.97% of the Top 50.
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