The New Zealand sharemarket fell on Monday, with the NZX closing down 0.5 per cent as investors bide their time ahead of the reporting season. Hamilton Hindin Greene investment adviser Jeremy Sullivan said the market was broadly lower, with “not much green on the screen”. READ MORE:* Another strong day for NZX, closing 0.8% higher* NZX closes lower as investors wait for financial reporting to begin* Want to become a sharemarket investor? Kiwis spot chance in lockdown“That was up very strongly into the end of last week and the week before. “Investors are really just treading water, awaiting the earning season which is coming up very shortly later this month,” Sullivan said.

Source: Stuff August 03, 2020 06:22 UTC