‘Bloodbath’ on local market; NZX50 slumps 10%

The S&P/NZX 50 Index slumped more than 10 percent for the first time ever as investors dumped shares as the government prepares to put New Zealand into lockdown. The benchmark index sank 943.79 points, or 10.3 percent, to 8,252.48 at 3pm in Wellington, the lowest level in two years. That's its bi...

Read the full story at BusinessDesk — subscribe now: https://businessdesk.co.nz/article/bloodbath-on-local-market-nzx50-slumps-10

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills
GTK - Half-Year Results Announcement Date
Government ends war on farming
Sky and BBC Studios renew expanded, multi-year agreement
AOF - Q1 Improved Trading Performance & FY24 Guidance Maintained