MARKET OPEN: Small number of new covid-19 cases may cheer markets

Tue, 14 Apr 2020

Domestic markets may be cheered as new local covid-19 cases remain low although a weak night on Wall Street may temper investor enthusiasm. The S&P/NZX 50 will reopen today after a four-day holiday weekend. On Monday, the government announced there were 19 new confirmed and probable cases. New Zealand currently has 1,349. Against that backdrop there is increasing clamour for the government to lift the national lockdown that has been in place since March 26. Prime Minister Jacinda Ardern has remained adamant there would be no early re...

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