Want to become a sharemarket investor? Kiwis spot chance in lockdown - News Summed Up

Want to become a sharemarket investor? Kiwis spot chance in lockdown


Carmen Hertzig is a DIY share investor who maintained her nerve throughout the market volatility during lockdown and carried on buying shares. Wellington nurse Carmen Hertzig watched two of her creations rise during lockdown – her bread and her newly-expanded portfolio of New Zealand company shares. From 26,000 share trades completed on the day lockdown started, the amount of trading just kept rising and rising, figures from NZX show. SUPPLIED Kathmandu shares fell to very low levels before lockdown, but investors who bought at the bottom have more than doubled their money. At the end of March 26, the first full day of day New Zealand entered lockdown, it had slumped to just 9991.


Source: Stuff June 27, 2020 17:00 UTC



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