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NZX 50 ends lower after global tech sell-off

The index fell 0.66% but finished the week up 1.48%, after a sharp opening drop as investors sold off technology stocks in the US.

Written by AI from 2 sources

Photo: RNZ

  • NZX 50 fell 0.66% at the close, after being down around 1.3 percent in morning trading. RNZNew Zealand Herald

  • The index ended the week up 1.48%, despite the daily fall. New Zealand Herald

  • Nasdaq technology shares dropped by more than 5.5 percent, while New Zealand’s market has limited exposure to the sector, RNZ reported. RNZ