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27 Apr 2024 9:26
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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.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    An injury worry for the Chiefs out of their 38-22 Super Rugby win over the Waratahs in Sydney More...

    BUSINESS BUSINESS
    A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic More...


     Today's News

    		 Accident and Emergency:
    At least 10 people have died and 11 are injured after a major fire at a guesthouse in Brazil's southern city of Porto Alegre 8:17

     Business:
    A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic 8:07

     International:
    China's young feeling the squeeze of cost of living are finding homes in older cities 7:57

     Rugby League:
    Parramatta's slumped to a fifth loss this NRL season, losing 32-18 to Manly at Brookvale 7:57

     Boxing:
    Kiwi boxer Mea Motu has won her non-title lightweight fight against Thailand's Noppaket Srisawas in Auckland 7:47

     Rugby League:
    Manly have piled more pressure on Parramatta after another second-half NRL capitulation condemned the Eels to a 32-18 loss at Brookvale 7:37

     Law and Order:
    An American journalist read her own obituary online, and soon discovered the strange world of obit pirates 7:27

     Rugby:
    An injury worry for the Chiefs out of their 38-22 Super Rugby win over the Waratahs in Sydney 7:27

     Environment:
    A 4.7 magnitude earthquake has hit south of the Taranaki town of Waverley 7:17

     Health & Safety:
    King Charles to resume public-facing duties, but cancer treatment to continue 7:07

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