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Z Energy promoted to S&P/NZX 10 index, Xero out

Standard and Poor's has announced Z Energy will be the newest member of the NZX 10.

Jason Walls
Mon, 14 Dec 2015

Standard and Poor (S&P) has confirmed Xero [NZX: XRO] will be dropped from the NZX 10 index, effective on December 18.

Z Energy [NZX: ZEL] is to move into the top 10.

An S&P spokesman says Xero was removed from the S&P/NZX 10 as its six-month average float-adjusted market capitalisation fell

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Jason Walls
Mon, 14 Dec 2015
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Z Energy promoted to S&P/NZX 10 index, Xero out
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