MARKET CLOSE: NZ shares drift lower as Brexit uncertainty weighs across Asia; Fletcher drops

Wed, 13 Mar 2019

By Paul McBeth March 13 (BusinessDesk) - New Zealand shares fell, with markets weaker across Asia as the uncertainty over Britain's exit from the European Union keeps investors on edge. Fletcher Building dropped as investors remain wary of the construction firm. The S&P/NZX 50 Index decreased 9.56 points, or 0.1 percent, to 9.387.69. Within the index, 20 stocks fell, 24 rose, and six were unchanged. Turnover was $192 million. Brexit fears weighed across Asia after UK Prime Minister Theresa May after the House of Commons rejected her...

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