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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Equity market corrects as economy booms

The S&P/NZX 50 is at 6755 points – down 10.7% from the September high.

Jason Walls
Thu, 03 Nov 2016

Although New Zealand’s economy continues to grow strongly and has been described as the “envy of the developed world,” the equity market recorded a sharp sell-off last month.

The S&P/NZX 50 climbed to a historic high in early September, reaching 7571 points at market close on September

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Jason Walls
Thu, 03 Nov 2016
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Equity market corrects as economy booms
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