InvestNow News – 9th April – ANZ Investments – The Weekly Snapshot – 29 March
Article written by ANZ – 2021.
A strong Friday rally in international stocks saw some indices climb out of negative territory to close the week higher. In the US, the S&P 500 and Dow Jones Industrial Average ended the week up around 1.5%, while European stocks also posted solid gains despite some concerns around the worsening COVID-19 situation.
Down under, New Zealand stocks continued to underperform, with the NZX 50 falling more than 1%. The benchmark index is nearly 10% off its all-time high made in early January of this year.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 29 March 2021 and is subject to change. This document is for information purposes only and is not to be construed as 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, completeness or suitability for your intended use. To the extent permitted by law, ANZ does not accept any responsibility or liability for any direct or indirect loss or damage 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 April – ANZ Investments – The Weekly Snapshot – 29 March
Article written by ANZ – 2021.
A strong Friday rally in international stocks saw some indices climb out of negative territory to close the week higher. In the US, the S&P 500 and Dow Jones Industrial Average ended the week up around 1.5%, while European stocks also posted solid gains despite some concerns around the worsening COVID-19 situation.
Down under, New Zealand stocks continued to underperform, with the NZX 50 falling more than 1%. The benchmark index is nearly 10% off its all-time high made in early January of this year.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 29 March 2021 and is subject to change. This document is for information purposes only and is not to be construed as 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, completeness or suitability for your intended use. To the extent permitted by law, ANZ does not accept any responsibility or liability for any direct or indirect loss or damage 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.
