Trading Update?
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Presumably an earnings downgrade. Frustrating that the NZX doesn't publish the request for the trading halt as well as their response like the ASX does. Often you can tell from the request why they're going into a halt.
Hasn't hit the ASX yet only a "pause" there.
nz govt travel bans coming
To be fair it's a fairly fluid situation, they probably want the weekend to see what the fallout is from Trumps announcement and to crunch the numbers. But yes they should just come out and say that they're going to miss guidance and will update the market when they've figured out by how much.
And try and slow the downward momentum on the s/p.
Could well be a pending Government announcement banning travel from Europe and potentially the US too?