Vulcan steels itself for S&P decision, markets quiet down
Investors turn attention to key economic data as earnings season finishes.
Vulcan should hang onto its position on the S&P/NZX50
The S&P/NZX50 quarterly review for March isn’t expected to yield any changes to the composition of the benchmark index.
The outcomes of the review – out at the close of market on Friday and with an effective date of March 20 – could be a tight run thing for Vulcan Steel, however.
Forsyth Barr
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