The Markets
Investors sell risk assets as delta variant causes alarm
Friday 9th of July 2021
The S&P/NZX 50 Index fell 62.16 points, or half a percent, to 12,690.35. Turnover was $185 million.
Asian share markets tumbled to a four-month low Friday as investors lost their nerve and sold risk assets in favour of bonds and the US dollar.
BNZ interest rate strategist Nick Smyth said the rapid spread of the covid-19 delta variant was making investors more cautious as it...
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