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10 Apr 2020 8:31
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  •   Home > News > Business

    A sharemarket expert says a drop in global dairy prices was somewhat expected

    A sharemarket expert says a drop in global dairy prices was somewhat expected


    Fonterra
    Fonterra
    It comes amid growing fears following the outbreak of the deadly coronavirus in China.

    Overall, prices at Fonterra's latest overnight auction are down 4.7 percent on a fortnight ago.

    JMI Wealth Director Andrew Kelleher says they're putting it down to a sentiment-driven sell off.

    He says market weakness was expected.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     10 Apr: Rugby Australia remains confident an agreement over player pay cuts will be hammered out within seven days
     09 Apr: Wellington city councillors have thrown out the idea of a rates freeze -- but payment deferrals will still be allowed
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     09 Apr: A Christchurch-based cryptocurrency exchange that suffered a devastating breach, will have to try to pay off its customers
     09 Apr: Not too many hiccups - just yet - to our trade exports due to covid-19
     08 Apr: Wellington cheese and Ice cream brand Zany Zeus may have changed ownership, but consumers can still look forward to their favourite treats
     Top Stories

    RUGBY RUGBY
    Rugby Australia remains confident an agreement over player pay cuts will be hammered out within seven days More...


    BUSINESS BUSINESS
    Rugby Australia remains confident an agreement over player pay cuts will be hammered out within seven days More...



     Today's News

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    Politics:
    Prime Minister Jacinda Ardern says what New Zealanders have done over the last two weeks is huge 8:17

    Entertainment:
    Peter Andre is grateful he has an extra large bed because it's "perfect for social distancing" 8:14

    Business:
    Rugby Australia remains confident an agreement over player pay cuts will be hammered out within seven days 8:07

    Law and Order:
    Iwi and small isolated communities are pleading for Easter holidaymakers to stay away 7:57

    Rugby League:
    The Warriors might only get to play each NRL team once this season - should it get back underway 7:47

    Health & Safety:
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    Entertainment:
    Jennifer Love Hewitt found homeschooling her children frustrating at first 7:44

    Rugby League:
    The waiting game continues for the Warriors 7:37

    Rugby League:
    Warriors CEO Cameron George will now listen to what his players think of the NRL's latest proposal 7:27


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