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Did the latest Commerce Commission report have an impact on share markets?

Author
Newstalk ZB,
Publish Date
Wed, 7 Dec 2022, 9:14pm
(Photo / NZ Herald)
(Photo / NZ Herald)

Did the latest Commerce Commission report have an impact on share markets?

Author
Newstalk ZB,
Publish Date
Wed, 7 Dec 2022, 9:14pm

The Commerce Commission released its final report on the building supplies sector yesterday, giving investors time to respond accordingly. 

The Commerce Commission report was focused around rebates and regulation, and stressed the importance of enforcing fairer competition in building supplies.

Frances Sweetman, Portfolio Manager at Milford Asset Management observed that Fletcher Building's share prices have stayed stagnant. They may dip a little in the coming months, but it's unclear.

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