NZ sharemarket falls 0.2% amid National Party leadership uncertainty
The S&P/NZX 50 Index declined 27.58 points to close at 13,860.66 as political uncertainty weighed on investors.
The New Zealand sharemarket fell 0.2% on the day, with the S&P/NZX 50 Index closing down 27.58 points. The decline came amid uncertainty over the National Party leadership and an urgent caucus meeting. Oil prices rose during the session despite the overall market weakness.
Covered byNZ HeraldBusinessDeskNot covered byRNZStuff1NewsNewstalk ZBOtago Daily TimesNewsroomThe Spinoffinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
NZ Herald
NZ sharemarket falls 0.2% amid National Party leadership uncertainty – Market close
The S&P/NZX50 Index closed at 13,860.66, down 27.58 points or 0.2%.
BusinessDesk
NZ sharemarket falls 0.2% amid National Party leadership uncertainty
The New Zealand sharemarket fell slightly amid uncertainty over the National Party leadership and the continued impasse in the Middle East negotiations, while the oil price rose. The S&P/NZX 50 Index weakened in the afternoon when it was known the…