first mth of the yr nearly over and nz is one of the worst performing markets for the mth. they say what was best one yr not necessary the best next yr
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first mth of the yr nearly over and nz is one of the worst performing markets for the mth. they say what was best one yr not necessary the best next yr
back to all time highs very bullish gentailers and utilities leading the charge , not surprising in a low rate environment
NZX and ASX open strongly today.
I recall at this time of year, some say window dressing is possible into the close of the QTR.
https://www.nzherald.co.nz/business/...ectid=12216816
The Reserve Bank has kept its official cash rate (OCR) on hold at 1.75 per cent, as expected, but said the next move is likely to be down.
as thought things slowing down, the gentailers look very attractive going forward , even more so later this yr when rates fall