New Zealand Shares Broadly Lower; Index Drops 0.5% -- Market Talk
New Zealand Shares Broadly Lower; Index Drops 0.5% -- Market Talk
0429 GMT - New Zealand's NZX-50 closed 0.5% lower at 12837.40 on headwinds from the recent jump in the 10-year U.S. Treasury yield. Market sectors were broadly lower with losses in power utilities, REITs, retirement-village operators and industrials. Baby-formula company a2 Milk also is a handbrake for the market benchmark because of its coming removal from MSCI's New Zealand index, Stuart Williams, head of equities at Nikko Asset Management in Auckland, says. The index is underperforming this year--after averaging double-digit returns in the previous five year--but mid-cap stocks have done well. Agricultural and industrial supplies company Skellerup has gained 71% this year, and cinema-ticketing software company Serko is up 51%. (stephen.wright@wsj.com)
0429GMT-新西蘭NZX-50指數收低0.5%，報12837.40點，受累於近期美國10年期公債收益率(殖利率)跳升帶來的不利因素。市場板塊普遍走低，電力公用事業、房地產投資信託基金(REITs)、退休村運營商和工業企業虧損。奧克蘭日興資產管理公司(Nikko Asset Management)股票主管斯圖爾特·威廉姆斯(Stuart Williams)表示，嬰兒配方奶粉公司a2 Milk也是市場基準的一個手剎，因為它即將被從摩根士丹利資本國際(MSCI)新西蘭指數中剔除。該指數今年表現不佳--此前五年的平均回報率為兩位數--但中型股表現良好。農業和工業用品公司Skellerup今年上漲了71%，電影院票務軟件公司Serko上漲了51%。(stehen.wright@wsj.com)
譯文內容由第三人軟體翻譯。
