US election keeps nervous investors on sidelines

US election keeps nervous investors on sidelines
Dan Brunskill
New Zealand shares edged lower as many investors fixated on the potential for civil unrest and a contested result following the United States presidential election on Wednesday. The S&P/NZX 50 Index fell 13.64 points, or 0.1 percent, to 12,070.83. Within the index, 33 stocks fell, 11 rose and six were unchanged. Turnover was $123.8 million.Investors are bracing for the likelihood the US presidential election will be contested. This is because of a change in voting behaviour due to covid-19 will mean votes will take much longer to count...

More Markets

Mercury announces reshuffle at its top table
Finance

Mercury announces reshuffle at its top table

The two new members of the executive team are internal candidates.

Cuncannon: building a plaintiff side law firm
Markets

Cuncannon: building a plaintiff side law firm

The class action industry in New Zealand is somewhat underdeveloped.

Why Ebos is hunting SMEs
Markets

Why Ebos is hunting SMEs

What's next for Ebos after the end of that Chemist Warehouse contract.

Spark outlines more possible asset sales
Finance

Spark outlines more possible asset sales

The Spark board has a calculation to make about dividend reinvestment policy.