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NZ Shares: NZX follows world markets down

Tauranga : New Zealand | 2 months ago
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New 10:41AM Thursday Oct 23, 2008 The New Zealand sharemarket fell sharply in early trading, following the lead of overseas markets and despite an unprecedented cut in official interest rates. Around 10.10am the benchmark NZX-50 index was down 48.58 points, or 1.68 per cent, to 2850.82.
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