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

Lots of tailwinds spur Top 50 Index but now comes the Trump factor

Worsening trade tensions, rate hikes will provide headwinds this week.

Jenny Ruth
Mon, 11 Jun 2018

No one thing but an assortment of favourable tailwinds drove the New Zealand sharemarket to its biggest weekly gain in nearly two years.

The benchmark Top 50 Index gained 3.5%, the most since July 2016, taking its year-to-date gain to 6.4%.

It also hit a fresh record on Thursday before

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Jenny Ruth
Mon, 11 Jun 2018
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Lots of tailwinds spur Top 50 Index but now comes the Trump factor
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