National-led govt could be more positive for NZ’s equity market: Forbar

The NZ equity market averaged a 1.5% capital return in the first three months following National winning an election. (Image: Depositphotos)

Ella Somers

Tue, 12 Sep 2023

Wealth investment firm Forsyth Barr says in past elections, New Zealand’s equity market has had more positive capital gains in the first three months of a National-led government compared to a Labour-led one.“It's a commonly cited story that elections tend to cause uncertainty, and businesses and consumers often postpone investment decisions in the lead-up,” said Forsyth Barr's (Forbar) Zoe Wallis, Andy Bowley and Aaron Ibbotson in an equity strategy report on Monday.“National appears to have more favourable busi...

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