NZX 50 Edges Lower, Posts Weekly Loss
The NZX 50 shed 13 points, or 0.1%, to close at 13,734 on Friday, extending losses from the previous session and tracking a fall on Wall Street overnight as a tech-sector selloff deepened. Caution prevailed ahead of the RBNZ’s monetary policy decision next week, as well as the Fed’s interest rate decision. Although ann