MARKET CLOSE: NZ shares ease on global growth concerns

Wed, 23 Jan 2019

By Rebecca Howard Jan. 23 (BusinessDesk) - New Zealand shares eased as investors continued to fret about US-China trade tensions and the political impasse in the US. The S&P/NZX 50 index fell 8.6 points, or 0.1 percent, to 9106.03. Within the index, 19 stocks rose, four were unchanged and 27 fell. Turnover was light at $79.1 million. Overnight the Dow Jones Industrial Average fell 1.2 percent, while the S&P 500 shed 1.4 percent. The technology-heavy Nasdaq Composite lost 1.9 percent, as growth concerns resurfaced in the US after a l...

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