InvestNow News – 4th December – ANZ Investments – The month ahead – December 2020
Article written by ANZ – 27th November 2020
Equity markets rebounded in November, regaining most of October’s losses, with some indices making new all-time highs. The optimism came after some promising results from phase 3 COVID-19 vaccine trials from several drug companies.
By late-November, the broader S&P 500 was up more than 7%, while the NASDAQ 100 was also showing solid gains for the month, up more than 5%. Meanwhile, New Zealand stocks were also on track for a good month, with the NZX 50 set to close November higher.
Despite the ongoing drama around the US election result, the focus for markets is well and truly back on the pandemic. With this in mind, here’s a look at what ANZ Investments is watching this coming month.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 27 November 2020 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 month ahead – December 2020
Article written by ANZ – 27th November 2020
Equity markets rebounded in November, regaining most of October’s losses, with some indices making new all-time highs. The optimism came after some promising results from phase 3 COVID-19 vaccine trials from several drug companies.
By late-November, the broader S&P 500 was up more than 7%, while the NASDAQ 100 was also showing solid gains for the month, up more than 5%. Meanwhile, New Zealand stocks were also on track for a good month, with the NZX 50 set to close November higher.
Despite the ongoing drama around the US election result, the focus for markets is well and truly back on the pandemic. With this in mind, here’s a look at what ANZ Investments is watching this coming month.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 27 November 2020 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.
