Winds of political change buffet retirement village stocks

Investors are concerned that John Key's resignation could herald a change in government policy affecting the housing and retirement village market.

Jenny Ruth
Mon, 12 Dec 2016

The political upheaval signalled by John Key’s resignation as prime minister sent a shudder through the share prices of the listed retirement village operators.

Metlifecare was the worst performing stock within the benchmark Top 50 Index, down 5.5%, while Summerset dropped 4.5% and Ryman

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