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Jamie Mackay: host of The Country on shareholder confidence in New Zealand's primary sector falling to an eight-year low

Jamie Mackay: host of The Country on shareholder confidence in New Zealand's primary sector falling to an eight-year low

Heather du Plessis-Allan Drive · Newstalk ZB

November 2, 20233m 45s

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Show Notes

Shareholder confidence in New Zealand's primary sector listed companies has fallen to an eight-year low and dropped 22 percent on the 10 months since January.

The S&P/NZX Primary Sector Index dropped to 10,000, a low not seen since January 2016.

The Country's Jamie Mackay says only the Fonterra Shareholders Fund has managed to stay positive all year.

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Topics

farmingbusinesseconomyprimary sector