NZX 50 hits over 8000 points – but analysts warn it's not as good as it looks
“The performance of A2 alone has really distorted the overall performance of the market in recent times,” one analyst says.
Don’t get too excited about the S&P/NZX 50’s most recent milestone as a lot of the growth in the index has been distorted, analysts say.
The NZX 50 index this week pushed through 8000 points for the first time and yesterday rose 27.53 points, or 0.3 percent, to close at 8,037.81, a new record
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jason Walls
Wed, 11 Oct 2017
Wed, 11 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZX 50 hits over 8000 points – but analysts warn it's not as good as it looks
70710