Sharechat Logo

MARKET CLOSE: NZ shares recover as investors re-think RBNZ review

Friday 15th November 2019

Text too small?

(14 Nov, 5:55 PM) New Zealand shares recovered some of yesterday’s sell-off as investors digested the impact of the Reserve Bank's announcement yesterday of an unchanged 1 percent cash rate on high-yield stocks. The S&P/NZX 50 Index increased 63.82 points, or 0.6 percent, to 10,899.25. Within the index, 26 stocks... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/market-close-nz-shares-recover-as-investors-re-think-rbnz-review



  General Finance Advertising    

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.

Related News:

Rio Tinto decision following strategic review of Tiwai
Contact says smelter closure is ‘disappointing’
South Port (SPN) Statement on NZAS Tiwai Point Aluminium Smelter Closure
Rio Tinto announcement on Tiwai Aluminium Smelter
Me Today announces equity raising to accelerate growth
Scott Technology Trading Update; Rising to the COVID Challenge
New non-binding indicative offer received from apvg, shareholder meeting deferred
U.S. Added 4.8 Million Jobs in June as Reopened Businesses Rehired
Auditors have a duty to be alert to fraud
Strong sales recovery but uncertainty remains over economic outlook and potential second wave of COVID-19

IRG See IRG research reports