Manuka honey producer Comvita plunged to a 12-year low on the New Zealand sharemarket with an earnings downgrade and SkyCity Entertainment was on the rise.
The sharemarket is bracing itself for what is looking like one of the worst December earnings seasons on record. Brokers Forsyth Barr expects to see a median.
New Zealand shares fell for a second day in quiet trading as the few investors returning to week pondered how quickly central banks will cut interest rates..