The Markets

NZX 50 finishes the week down 3 percent

Friday 15th of January 2021

The S&P/NZX 50 Index fell 91.18 points, or 0.7 percent, to 13,024 today. Within the index, 27 stocks fell and 23 rose. Turnover was $154.5 million.

Today’s decline pulls the index back to where it was before Christmas, reversing all the gains made through the holiday period.

The main driver of this fall has been the market correcting the price of Meridian Energy and Co...

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