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

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
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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