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Investors Optimistic as New Zealand Begins to Exit Lockdown


New Zealand equity investors are among the most positive in the region as Kiwis begin to exit from one of the world’s strictest coronavirus lockdowns. The nation’s stock market is the second-best performer in the Asia-Pacific since global benchmarks plunged to their March lows, according to data compiled by Bloomberg. A fading infection count and moves to unwind virus restrictions have helped unwind virus restrictions and helped the market recover about 27% from its trough, trailing only South Korea’s 33% improvement.

Bloomberg - May 13, 2020

View the full story here: https://www.bloomberg.com/news/articles/2020-05-12/investors-optimistic-as-new-zealand-begins-to-exit-lockdown