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NZ market stabilises, up in afternoon trading

Retirement Commissioner Diane Maxwell urges KiwiSaver investors not to panic.

Calida Stuart-Menteath
Fri, 12 Oct 2018

New Zealand markets have stabilised after slumping on Thursday.

The S&P/NZX50 was up 0.6% to 8777 on Friday afternoon, after opening close to 1% lower and closing 3.6% lower on Thursday – its fifth largest loss.

The New Zealand market has fallen for nine days in a row, after a long bull

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Calida Stuart-Menteath
Fri, 12 Oct 2018
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NZ market stabilises, up in afternoon trading
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