7 Jun 2012

Xero and Diligent to join NZX50

7:09 am on 7 June 2012

Xero and Diligent Board Member Services will join the stock market's Top 50 index.

NZX says they will replace Rakon and Steel & Tube Holdings.

The change takes place from 18 June.

NZX is also changing the way it calculates the value of listed companies on equity indices, based on how freely a firm's shares are traded.