Xero now at top table

Last updated 05:00 15/02/2014

Relevant offers

Industries

Demand for builders heats up Heart of the City paid $800,000 in contractor fees Orion Health share fall on lower cash flows Tourism Radio NZ seeks to crowdfund $350K Resort plans for two Auckland islands Prime News redundancies confirmed Picton firm N-Viro supplies parts for floating superstructure Wynyard Group confirms it undershot revenue target Chinese tourists flock to NZ Migration boom tops 50,000 for first time

Sharemarket darling Xero has been added to the exclusive group of New Zealand's 10 largest listed companies.

NZX said yesterday the cloud accounting software firm had been added to the NZX 10 following February's New Zealand stock market metrics, having met the ranking and liquidity requirements for inclusion.

Infrastructure firm Infratil would be removed from the NZX 10, as the lowest-ranked company.

Xero's shares closed down 0.02 per cent at $40.14 yesterday, valuing the company at $5.1 billion.

Ad Feedback

- BusinessDay

Special offers

Featured Promotions

Sponsored Content