Shares slip with investors cautious

Dan Brunskill
Wed, 13 Jan 2021

Most New Zealand shares continued to decline as investors remained cautious about the global outlook after the year kicked off with a generous dose of turbulence and higher bond yields.    The S&P/NZX 50 Index fell 63.41 points, or half a percent, to 13,120.28. Within the index, 27 stocks fell, 19 rose and four were unchanged. Turnover was $173.1 million.ASB Bank economist Nathaniel Keall said rising covid cases, the chaotic US presidential transition and weak US job data gave plenty for investors to fret over. “But the...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property
Housing market "defying logic" says Oceania
Jenny Ruth | Tue, 26 Jan 2021

Demand for units last week was "extraordinary."

Markets Market Open
All eyes turn to ‘megacap’ tech stocks
Staff reporters | Tue, 26 Jan 2021

Investors may learn how much Apple's privacy moves are hurting Facebook.

Property
Japanese engineers Zoom in on fast track Kiwi housing
Brent Melville | Tue, 26 Jan 2021

A Japanese electronics firm and a global car maker could help redefine how Kiwis build houses.

Sponsored
How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.

Sponsored
What has Covid-19 changed for supply chains?

Covid-19 has helped businesses recognise Supply Chain as a critically important function within their organisation.

Loading...