InvestNow News – 9th October – ANZ Investments – The Weekly Snapshot – 5 October
Article written by ANZ – 5th October 2020
Global equity markets finished higher last week, but a Friday sell-off saw some gains for the week trimmed. In particular, the NASDAQ 100, which finished 2.2% lower on Friday, but still rose around 2% over the week. Meanwhile, the S&P 500 and the Dow Jones Industrial Average both gained around 1.5%.
Australasian equities were mixed with the NZX 50 finishing up around 0.5%, while the ASX 200 fell around 2%.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 5 October and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. To the extent permitted by law ANZ does not accept any responsibility or liability arising from your use of this information. Past performance is not indicative of future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.
InvestNow News – 9th October – ANZ Investments – The Weekly Snapshot – 5 October
Article written by ANZ – 5th October 2020
Global equity markets finished higher last week, but a Friday sell-off saw some gains for the week trimmed. In particular, the NASDAQ 100, which finished 2.2% lower on Friday, but still rose around 2% over the week. Meanwhile, the S&P 500 and the Dow Jones Industrial Average both gained around 1.5%.
Australasian equities were mixed with the NZX 50 finishing up around 0.5%, while the ASX 200 fell around 2%.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 5 October and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. To the extent permitted by law ANZ does not accept any responsibility or liability arising from your use of this information. Past performance is not indicative of future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.
