News

Headaches and opportunities from index changes

Tuesday 15th of December 1998
Changes in the composition of the New Zealand Stock Exchange Top 10 index are likely to provide opportunities for share traders and headaches for some index funds.
The exchange has announced that Air New Zealand B and TranzRail are to be dropped from the top 10 and they will be replaced by Fernz Corporation and Auckland International Airport.
This marks an on-again, off-again year for Fern...
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