InvestNow News – 4th December – ANZ Investments – The Weekly Snapshot – 30 November

Article written by ANZ – 30th November 2020

Most equity markets recorded modest gains last week as the focus for investors remained on the coronavirus situation. In the US – a shortened week for Thanksgiving – the S&P 500 and NASDAQ 100 both ended the week up more than 2%, while the Dow Jones Industrial Average traded above 30,000 for the first time.

In New Zealand, the NZX 50 gained around 1.5%, while in Australia, the ASX 200 continued its impressive run, recording its fourth consecutive winning week.

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Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 30 November 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 – 4th December – ANZ Investments – The Weekly Snapshot – 30 November

Article written by ANZ – 30th November 2020

Most equity markets recorded modest gains last week as the focus for investors remained on the coronavirus situation. In the US – a shortened week for Thanksgiving – the S&P 500 and NASDAQ 100 both ended the week up more than 2%, while the Dow Jones Industrial Average traded above 30,000 for the first time.

In New Zealand, the NZX 50 gained around 1.5%, while in Australia, the ASX 200 continued its impressive run, recording its fourth consecutive winning week.

Read more >

Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 30 November 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.

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