The New Zealand stock exchange is treading water after a quiet month for investors, one investment adviser says. Hamilton Hindin Greene investment adviser Grant Davies said there had not been any significant news to get the market moving in any direction. “If it did 1 per cent a month, you are getting 12 per cent a year and that’s not so bad,” he said. RICKY WILSON/Stuff It has been a quiet month for the NZX50, says Hamilton Hindin Greene investment adviser Grant Davies. “We have underperformed this year, although its hardly disastrous, we are giving back some of the outperformance we have had previously.”

Source: Stuff April 30, 2021 08:03 UTC