NZ shares flat as investors wait for job data

Dan Brunskill
Fri, 07 Jan 2022

The S&P/NZX 50 Index fell 12 points. (Image: Unsplash)
The S&P/NZX 50 Index fell 12 points. (Image: Unsplash)
Dan Brunskill
Fri, 07 Jan 2022
New Zealand shares finished the day little changed after being caught up in a global sell-off yesterday when traders interpreted the US Federal Reserve’s meeting minutes as being hawkish.The S&P/NZX 50 Index fell 12 points, or 0.1%, to 12,970.65. Turnover was $112 million.Local markets again took their cue from the US which was relatively flat overnight with investors waiting to see employment data scheduled for release on Friday night.The Federal Reserve’s meeting minutes highlighted the tight labour market as one reason it may...

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