The S&P/NZX 50 index sank to a nine-month low in its biggest one-day decline since the covid pandemic, but investors are showing signs of being cautious rather than panicked.
New Zealand’s benchmark index held up relatively well as it dropped 3.7% on Monday compared to a 4.2% decline across the Tasman for the S&P/ASX 200 index, or the 7% slide for Japan’s Nikkei 225 index and a 13% sl...
