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Market close: Inflation and interest rate worries drive NZ sharemarket down
4 Mar, 2021 04:39 AM
4 minutes to read
Synlait Milk announced its 2021 net profit would be less than a half of the previous year s $75.2m. Synlait s shares plunged 39c or 10.13 per cent to a low of $3.46. Photo / File
Synlait Milk announced its 2021 net profit would be less than a half of the previous year s $75.2m. Synlait s shares plunged 39c or 10.13 per cent to a low of $3.46. Photo / File
NZ Herald
By: Graham Skellern
The worry about rising inflation and interest rates reared its head again and drove the New Zealand sharemarket down more than 1 per cent.
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