Search Results

NZX50 goes on climbing: Irrational exuberance or harbinger of good times ahead?

Almost day after day of late, the NZX50 seems to hit new record levels.  As at the time of writing (close of business 19 April 2016), the NZX50 was at an index level of 6,868.04.  This was 18% more than one year ago, and 178% (i.e. nearly three times) more than at the low point around the trough of the Global Financial Crisis in March 2009.