Pacific Edge soars on busy day for NZX
The S&P/NZX 50 Index had a late flurry and closed at 12,601.42, up 60.55 points or 0.48%. The index has now fallen 3.5% for the year so far.
The market was extended for the final day of the MSCI indices February quarterly review.
Contact Energy, up 23c or 2.55% to $9.24 on trade worth $51 million, is joining the MSCI Global Standard Index at the expense of fellow gentailer Mercury, up 4c to $6.55 on trade worth more than $30m near the close of trading.
Matt Goodson, managing director of Salt Funds Management, said the day was dominated by the MSCI movements but there were solid financial results from Port of Tauranga, Summerset and Vista Group, and a highlight from Pacific Edge.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
