Equity market corrects as economy booms
The S&P/NZX 50 is at 6755 points – down 10.7% from the September high.
Although New Zealand’s economy continues to grow strongly and has been described as the “envy of the developed world,” the equity market recorded a sharp sell-off last month.
The S&P/NZX 50 climbed to a historic high in early September, reaching 7571 points at market close on September
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Jason Walls
Thu, 03 Nov 2016
Thu, 03 Nov 2016
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Equity market corrects as economy booms
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