Volatility the new normal as NZX50 staggers, then recovers
Light volume on market despite trade fears.
Mon, 26 Aug 2019
After opening sharply down amid tit-for-tat trade tension between the US and China, New Zealand’s benchmark NZX50 index has bounced off its lows to trade down 1.3% in early afternoon.
After Friday’s New Zealand close there was more turmoil in the US, with the Nasdaq index down 3% as