Volatility defined last quarter for Sharesies investors

Volatility defined last quarter for Sharesies investors
Ups and downs defined the September quarter. (Image: Getty)
Ben Moore
Retail investor confidence declined to 31 out of 100 over the three months to September 30, according to the latest Sharesies Index.The rating was down from 45 at the end of the prior quarter, which also meant a drop from the “balanced” confidence range to the low-end of “cautious”.The Sharesies Index report attributed the decline to a combination of market uncertainty and the regular September market depression.Tech stocks were particularly volatile but remained represented strongly on Sharesies’ most-owned compan...

More Markets

NZ sharemarket rises ahead of interest rate decision
Markets Market close

NZ sharemarket rises ahead of interest rate decision

The S&P/NZX 50 Index closed at 12,765.24, up 28.18 points or 0.22%.

Graham Skellern 21 Nov 2024
IkeGPS revenue shows sparks for subscriptions play
Markets

IkeGPS revenue shows sparks for subscriptions play

Despite a $7m net loss, subscription revenue grew 28%.

Ben Moore 21 Nov 2024
My Food Bag profitability up, customer numbers dip
Retail

My Food Bag profitability up, customer numbers dip

Company expects market conditions to remain challenging in the second half.

Gregor Thompson 21 Nov 2024
Aft takes $6.5m hit on doctor strike and destocking
Markets

Aft takes $6.5m hit on doctor strike and destocking

Income in international markets affected by two events.