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NZ sharemarket likely to be sold off again after offshore carnage

Even though NZ has few shares directly exposed to China, market likely to see a flight to perceived safety today.

Jenny Ruth
Tue, 25 Aug 2015

UPDATEDNZ sharemarket falls 2.2% after offshore markets' free-fall

The New Zealand sharemarket is likely to open sharply lower today as a result of carnage in offshore markets, prompted by fears about the Chinese economy running out of steam.

Yesterday the S&P/NZX 50 – New Zealand’s key index –

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Jenny Ruth
Tue, 25 Aug 2015
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NZ sharemarket likely to be sold off again after offshore carnage
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