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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

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Volatility the new normal as NZX50 staggers, then recovers
Business,
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