NZX 50 Erases Morning Gains, Closes 0.1% Lower
The NZX 50 dropped 20 points, or 0.1%, to close at 13,561 on Monday, erasing gains in morning trade, extending losses from the previous session, and touching its lowest level since June 26, tracking a decline in US stock futures amid AI safety concerns and surging oil prices. Traders were cautious ahead of the release