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Markets spooked by coronavirus' global spread

It won't take much to push the NZX-50 past the 10% correction threshold, an analyst says.

Reweti Kohere Fri, 28 Feb 2020

Global financial markets are tumbling into correction territory as the spread of the Covid-19 coronavirus outside China starts to spook share traders.

Early trading on the NZX-50 resulted in the drop continuing, down 2.83% on yesterday’s closing of 11,437.17.

Only a week ago the local

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Reweti Kohere Fri, 28 Feb 2020
Contact the Writer: reweti@nbr.co.nz
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Markets spooked by coronavirus' global spread
General Business,
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