16 Apr 2012

NZX20 index to be launched

1:29 pm on 16 April 2012

The stockmarket's new index of the country's 20 largest listed companies will be launched next week.

The NZX20, being launched on 23 April, will have an initial value of 3000.

It will be made up initially of of Auckland Airport, AMP New Zealand Office Trust, ANZ, Contact, Chorus, Fletcher Building, Freightways, Goodman Property Trust, GPG, Kiwi Income Property Trust, Mainfreight, Nuplex, Port of Tauranga, Ryman, Sky City Entertainment, Sky Television, Telecom, Vector and Westpac.