Hunt for value in the New Zealand stock market and you'll be searching in a barren place, an analyst says.
Calida Smylie Tue, 28 Apr 2015
Hunt for value in the New Zealand stock market and you’ll be searching in a barren place, an analyst says.
Investors chasing yield have driven up share prices, especially in the property, telecommunications and utilities sectors, to the point where the market is looking increasingly overvalued,