The NZX is extending its trading hours by 45 minutes today to accommodate changes arising from the rebalancing of the S&P Global Clean Energy Index. NZX Product Operations said the "adjust" trading session on the exchange's X-stream trading platform would be extended for the NZX main board, debt market, and the Fonterra Shareholders' market. "This amendment has been made to accommodate the rebalance of the S&P Global Clean Energy Index," NZX said. Heavy trading is expected to occur in Meridian and Contact Energy when the index changes take effect as they will see their weightings reduce substantially. Both funds track the S&P Dow Jones Global Clean Index.
Source: New Zealand Herald April 15, 2021 23:52 UTC