
Coronavirus: NZ market falls more than 10 per cent for first time ever
The market is in for another rough ride.
The market is in for another rough ride.
Markets will remain highly volatile as Covid-19 continues to spread around the world.
Dairy and the dollar are working in our favour.
The Reserve Bank has stepped in to help smooth money markets.
Air New Zealand tumbling by a third after coming off a trading halt.
The kiwi was trading at 57.51 US cents at 5pm.
The market remains on edge as the virus continues to spread.
The dash for cash is causing major distortions in the NZ money market.
The New York Stock Exchange will temporarily close its historic trading floor.
The New Zealand sharemarket opened weaker after another decline on Wall Street.
The Aussie may fall further today if the Reserve Bank of Australia takes drastic action
Negotiations amid reports a queue of companies wanting to raise cash is forming.
Investor panic subsided and New Zealand.
The kiwi was trading at 59.60 US cents at 5pm.
There was more optimism on Wall Street overnight.
New Zealand shares recovered from an early selloff.
The New Zealand sharemarket opened weaker after a 12 per cent fall on Wall Street.
Initially the Government focused on specific sectors; now its all about jobs it can save.
Volatility remains off the charts on international markets.
The NZX has reminded listed companies that it has circuit breakers available.
New Zealand shares fell lower as investors reacted to new requirements for travellers.
The kiwi was trading at 60.50 US cents at 5pm.
The group is calling for immediate measures to control the number of infections.
Volatility is expected to continue as virus fuels further travel restrictions.
Travel sector stocks took a hit when the New Zealand sharemarket opened weaker.
Big firms are starting to roll out major policy changes in response to coronavirus.
After 12 years of relative calm, investors are faced with new challenges.
The S&P/NZX 50 Index dropped to its lowest close since April.