Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
The Warehouse Group goes into trading halt after shares soar 35%.
Sharemarkets fall again in volatile trade
UPDATED 6pm: Coalition issues list of essential services that will stay open.
NZX50 is down 10% while Australia’s benchmark index has lost about 6%.
New directors to be approved at May annual meeting
Company said it had no choice after it was left out of government's support packages.
UPDATE: New Zealand casinos close as coronavirus alert status moves imminently to level 4.
Dental services provider shuts down non-essential services to restrict Covid-19 spread.
A bad problem becomes much worse at the end of this week.