Investments

Every Dog Has its Day? Thoughts on the NZ sharemarket.

Wednesday 10th of May 2000

In most developed economies, the main national stock index is taken as a snapshot of the vigour of local capitalism. The New Zealand market’s failure to track post-1997 gains in many world stock indices has raised questions about the relative dynamism of our companies. Commentary relegating the SE-40 to "dog" status may be too harsh.

The old song title, "Nobody loves you...

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