Shareholder confidence in New Zealand's primary sector listed companies has fallen to an eight-year low and dropped 22 percent on the 10 months since January.

The S&P/NZX Primary Sector Index dropped to 10,000, a low not seen since January 2016.

The Country's Jamie Mackay says only the Fonterra Shareholders Fund has managed to stay positive all year.

LISTEN ABOVE

Shareholder confidence in New Zealand's primary sector listed companies has fallen to an eight-year low and dropped 22 percent on the 10 months since January.
The S&amp;P/NZX Primary Sector Index dropped to 10,000, a low not seen since January 2016.
The Country's Jamie Mackay says only the Fonterra Shareholders Fund has managed to stay positive all year.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.