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...

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