Hot stocks to watch in 2023
A bleak backdrop but expectations for a positive second-half in 2023, particularly if inflation eases.
The NZX closed 2022 down 12%, following its first down year in a decade in 2021.
The NZX has just recorded its second consecutive down year after last year recorded the first time in a decade.
And it was a biggy: with the NZX50 down about 12%. In 2021 it finished down nearly 5%.
Of course, markets were down the world over as central banks moved rapidly to tighten monetary policy
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