Busy August earnings week sees big share moves despite little major news
The third week of New Zealand's August earnings season brought significant share price movements without major corporate announcements.
The busiest week of the August reporting season was marked by large share price movements despite the absence of major news, according to analysts. The market had entered the period relatively quiet following the lead-up to financial reports, which meant investors were primed for potential volatility.
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Earnings season in charts – big share moves, little news
The third, and busiest week of the August reporting season was marked with big share price movements despite little major news, analysts said. After a quiet “ confession season ” leading up to financial report time, the market was primed…