MARKET OPEN: Domestic earnings in focus but Wall Street weaker

Thu, 20 Aug 2020

The domestic reporting season will drive sentiment, but weak trading on Wall Street following signs of caution from the latest US Federal Reserve policy meeting may cap enthusiasm. Auckland International Airport, Genesis Energy and Ebos Group are all due to report while Infratil and Metro Performance Glass will hold their annual meetings. Investors will keep one eye on the actual results, but the main focus will be on any forward guidance and commentary as the country continues to grapple with covid-19. Yesterday, the S&P/NZX 50 index...

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