New Zealand Stock Market (NZX 50)

The NZX 50 fell 141.76 points or 1.15% to 12140.66 on Thursday, declining for the 6th consecutive session and trading at fresh 3-month lows amid surging local bond yields as 10-year rates lifted 11% to 21-month highs of 1.884%, while the US rate similarly extended yearly highs to 1.401%. In local news, Finance Minister Grant … Read more

UK FTSE 100 Stock Market Index

The FTSE 100 fell more than 0.5% on Wednesday while the British pound reached a fresh near 3-year high of 1.42 against the dollar, with financial and healthcare stocks such as HSBC Holdings, AstraZeneca, and GlaxoSmithKline the main laggards. Metro Bank was also down after announced a bigger-than-expected annual loss. On the other hand, Lloyds … Read more