
The Markets
NZ shares fall in tech sell-off
Tuesday 5th of October 2021
The S&P/NZX 50 Index fell 137 points, or 1%, to 13,199.99. Turnover was $157 million.
Growth-sensitive tech shares took a battering overnight as investors sold the highly-priced equities in an effort to reduce the risk in their portfolios.
All three key US indices fell significantly overnight, with the tech-heavy Nasdaq dropping more than 2%. Asia/Pacific markets follo...
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