Our sharemarket took a reasonable fall yesterday but resisted the larger declines seen offshore.

The benchmark NZX-50 index was down 32 points and ended at 2762 following a 10-point rise on Monday.

It seems the gloomy comments from the World Bank, which said the outlook for the global economy remained “unusually uncertain” as it cut 2009 growth forecasts for most economies had its effect on investor sentiment.

A day like yesterday saw some biggish falls for some good companies including some of my favorites for uncertain times.

When things get a little tough or investor sentiment turns sour companies like …{+}