RBA Delivers The Expected | FBU vs ComCom

The New Zealand market (NZX 50 Index, -0.4%) fell on Tuesday without much market news to digest. WasteCo Group (-15.8%) tanked to $0.08 on its first day on the NZX. Black Pearl Group (-39.2%) fell dramatically for the third day in a row, and now trades at less than half of its listing price. Summerset (-0.1%) announced that director Anne Urlwin will retire from its board in February 2023 to join the board at Infratil (-1.0%).