The Markets
NZX50 falls as investors 'take a breather'
Monday 14th of November 2022
The S&P/NZX 50 index decreased 79.79 points, or 0.7%, to 11,231.97 points.
Across the main board, 60 shares rose and 78 fell. Turnover was light at $88.7 million.
Craigs Investment Partners investment adviser Peter McIntyre said investors had “taken a breather” after strong trading days at the end of last week.
“We are the first market out of the blocks at the start of the week, so investors are probably just waiting to see how the US opens overnight.”
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