Sharemarket not overvalued – just defensive stocks
Our market has taken off in recent years, buoyed by high earnings expectations and price-to-earnings expansion.
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The New Zealand share market’s value compared to other markets is justified, Forsyth Barr believes.
It has taken off in the past five years, buoyed by high earnings expectations and price-to-earnings (PE) expansion.
While the New Zealand share market has outperformed many comparable markets,
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Calida Smylie
Fri, 15 Sep 2017
Fri, 15 Sep 2017
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Sharemarket not overvalued – just defensive stocks
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