The New Zealand sharemarket followed sharp falls offshore on fresh investor concerns that the sticky inflation will delay interest rate cuts.The S&P/NZX 50.
The New Zealand sharemarket followed sharp falls offshore on fresh investor concerns that the sticky inflation will delay interest rate cuts. The S&P/NZX 50.
Ongoing inflation and the “higher rates for longer” interest rate scenario is a theme the sharemarket has begun to accept and price in. The benchmark S&P/NZX.
Strong performances from Fisher & Paykel Healthcare and Ebos pushed the New Zealand sharemarket to its highest single-day rise in more than five months – up.
The New Zealand sharemarket, heading for its 10th fall in 12 days, finished the week flat and was saved by another rise in the end-of-day matching session..