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Market Close: Passive funds dominate NZ sharemarket
6 Jan, 2021 05:40 AM
3 minutes to read
The S&P/NZX50 index slipped 0.25 per cent to 13333.93 points on turnover of 73m shares worth $200.5 million.
The S&P/NZX50 index slipped 0.25 per cent to 13333.93 points on turnover of 73m shares worth $200.5 million.
NZ Herald
Passive funds were again the dominant theme of the New Zealand sharemarket today with Contact Energy the main beneficiary owing to its top ten position in the S&P Global Clean Energy Index. At one point Contact traded through $10, continuing its strong run along with Meridian Energy - another Clean Energy ETF constituent.