MARKET CLOSE: NZ shares drop; Pushpay, Trade Me fall while Kathmandu, Fletcher rise

Tue, 26 Jun 2018

By Sophie Boot June 26 (BusinessDesk) - New Zealand shares dropped as heightened global trade tensions weighed across Asian equity markets, led lower by Pushpay Holdings and Trade Me Group while Kathmandu Holdings gained again following its upgrade yesterday. The S&P/NZX50 Index dipped 6.44 points, or 0.07 percent, to 8,989.8. Within the index, 26 stocks fell, 20 rose and four were unchanged. Turnover was $112 million. "Global markets got spooked by ongoing discussion about trade wars - statements by the US and Chinese governments part...

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