The Markets
NZX rebounds after rough start to day on bank fears
Thursday 16th of March 2023
The S&P/NZX 50 Index fell sharply at the opening on concerns about the outlook for Switzerland’s second-largest bank Credit Suisse, with its share price falling 24%.
But following the Fonterra and Pushpay news the index found a spring in its step, rebounding impressively from a midday low of 11,529.95 and closing with a gain of 81.74 points or 0.7% to 11,699.02. It was the big...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
4 min read