NZ sharemarket takes hit as investors rattled by war
New Zealand's sharemarket has taken a hit today as economic ripples from the war in the Middle East, are felt further afield. The NZX50 joined other markets in the region, including Australia, Japan and Korea, in seeing investors rattled by the war and oil price hikes. The market closed 3.2 percentage points lower, while the S&P200 in Australia is currently tracking the same way, around 3.3 percent down. Jeff Ruscoe, the managing director of AMP Wealth Management spoke to Lisa Owen.
Checkpoint · RNZ
March 9, 20266m 50s
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Show Notes
New Zealand's sharemarket has taken a hit today as economic ripples from the war in the Middle East, are felt further afield. The NZX50 joined other markets in the region, including Australia, Japan and Korea, in seeing investors rattled by the war and oil price hikes. The market closed 3.2 percentage points lower, while the S&P200 in Australia is currently tracking the same way, around 3.3 percent down. Jeff Ruscoe, the managing director of AMP Wealth Management spoke to Lisa Owen.
Topics
business