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Milford Asset Management expert: Why is NZ's sharemarket in decline?

Author
Newstalk ZB,
Publish Date
Wed, 1 Nov 2023, 8:19pm
Photo / Getty Images
Photo / Getty Images

Milford Asset Management expert: Why is NZ's sharemarket in decline?

Author
Newstalk ZB,
Publish Date
Wed, 1 Nov 2023, 8:19pm

New Zealand's sharemarket is in a steady decline, having dropped 20 percent from its January 2021 peak.

The selloffs are accelerated, with a reported 10 percent fall over the past 3 months.

Milford Asset Management's Mark Riggall explains why the market is in decline- and the role geopolitics has played in these figures.

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