MARKET OPEN: It's all about the possible lockdown extension

Fri, 14 Aug 2020

Domestic investors waiting to see whether current lockdown restrictions will be extended and weak trading on Wall Street won’t spur much enthusiasm. A further 13 community transferred cases of covid-19 were identified in Auckland yesterday and more positive cases are regarded as highly likely. Auckland is currently in level 3 lockdown while the rest of the country is at level 2. The lockdowns are technically set to run until 11:59pm on Friday night. The government will make an announcement at approximately 5:30pm on a possible extension....

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