NZX 50 Erases Morning Gains, Ends Slightly Lower
The NZX 50 lost 17 points, or 0.1%, to close at 13,739 on Friday, reversing gains in morning trade and halting gains in the previous two sessions, as traders continued to assess the GDP data. Thursday’s data showed New Zealand’s GDP grew faster than expected in Q2 on a yearly and quarterly basis, but eased to 0.1% quar