The Markets

Nu-covid sends shares tumbling

Friday 26th of November 2021

The S&P/NZX 50 Index fell 165 points, or 1.3%, to 12,628.89. Turnover was $203 million.

Researchers in South Africa have discovered a variant of covid – expected to be called the Nu strain – that some are concerned may be both more infectious than the current strain and resistant to vaccines.

The newly found variant is reported to have five times as many mutation...

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