An Israeli counter-attack on Iran sent sharemarkets into further turmoil, with New Zealand and its defensive stocks faring the best in terms of falls. The.
The New Zealand sharemarket tumbled half a per cent as investors became nervous about the timing of interest rate cuts. The S&P/NZX 50 Index was rescued with.
Two small cap stocks, Savor Group and NZ King Salmon Investments, staged strong earnings turnarounds but the New Zealand sharemarket remained stuck in.
The New Zealand sharemarket gave up some of the strong gains from last week as investor uncertainty crept back over the condition of United States inflation.