NZX 50 Falls but Heads for 2nd Weekly Gain
The NZX 50 dropped 35 points, or 0.3%, to 13,789 in Friday morning trade, after being flat in the previous session, mainly weighed down by financials, utilities, and healthcare. Traders were cautious as high oil prices persisted amid ongoing Gulf shipping disruptions. Recently, RBNZ Governor Anna Breman warned that inf