Global markets plunge

Global markets plunge
Rebecca Howard
A nosedive in global risk appetite on covid-19 concerns and US election jitters will once again weigh on the domestic market although the weaker kiwi dollar may give Fisher & Paykel Healthcare another bounce. “The market focus overnight has been on the spread of covid-19 across Europe and the US, as new case numbers surge to record highs in many cases and hospitalisation and death rates increase,” said BNZ senior strategist Jason Wong. “This is leading to fresh restrictions being imposed in a number of countries...

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NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

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These shares are 'priced for awful'
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These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.