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NZ tech stocks brace for a rocky few months

Amid a particularly volatile day of trading for global equity markets.

Jason Walls
Fri, 12 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

The waning sentiment in the US tech sector and global equity markets has found its way to New Zealand and Kiwi tech stocks are feeling the burn.

The S&P/NZX SciTech index – which measures the performance of New Zealand-listed tech companies – is down 13% since late December.

Last night, global

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Jason Walls
Fri, 12 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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NZ tech stocks brace for a rocky few months
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