
The Markets
Interest rates, earnings guidance squeezes shares down
Wednesday 25th of October 2023
By the close, the S&P/NZX50 index was at 10,884.040, down 76.583 points, or 0.7%.
Turnover, worth $111.76 million, was moderate, and there were 78 falls and 48 rises among the 185 stocks traded on the main board.
“There certainly has not been any panic but there are quite steady falls now,” Matt Goodson, managing director at Salt Funds Management, said.
T...
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