NZ shares fall as government restricts Chinese travel

Mon, 03 Feb 2020

The S&P/NZX 50 fell almost 2 percent in early trading as the government shut down travel from mainland China and as investors look anxiously towards Chinese stock markets reopening after their Lunar New Year holiday.Exporters and tourism stocks were among the hardest hit on the local market. New Zealand's benchmark index dropped 1.7 percent, or 193.44 points, to 11,524.13 at 12.30pm. Of the top 50 stocks, 43 were in negative territory, six were unchanged and just one had gained. And Australia's S&P/ASX 200 Index fared just as poorly, do...

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