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News 2026-10-22 23:03 UTC

NZX 50 Poised to End Week on a Low Note

The NZX 50 fell 47 points, or 0.3%, to 13,670 in Friday morning trade, 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. Traders