New Zealand's NZX-50 Falls 0.5% After Inconclusive Election Result
The benchmark index fell 0.5% to 13,931.39 soon after opening as investors adjusted to political uncertainty. Election-day results showed no clear winner, with the National Party and its allies holding 67 seats after all election-day votes were counted.
New Zealand's benchmark NZX-50 index falls 0.5% to 13931.39 soon after opening as investors adjust to political uncertainty after Saturday's election had no clear winner. The ruling National Party and its right-wing allies had 67 seats after 100% of the election-day vote was counted. But hundreds o…