Markets

NZ market looks to be in better heart

Rebecca Howard
Fri, 05 Aug 2022

NZ market looks to be in better heart
There was a more optimistic mood at the New Zealand Stock Exchange today. (Image: BusinessDesk)
Rebecca Howard
Fri, 05 Aug 2022
Investors stuck to the sidelines on Friday but look to be in better heart ahead of earnings season, with volumes showing some signs of life and the S&P/NZX 50 index adding 2% over the week.“Activity-wise, we have seen a bit of a turnaround in sentiment over the last week, with bonds coming off their highs and markets all positive overseas,” said Bryon Burke, head of equities at Craigs Investment Partners.“There’s quite a different feel to the market at the moment, and people have a little bit more confidence,”...

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