MARKET CLOSE NZ shares fall as Chinese manufacturing, Crimea weigh on investors

Mon, 24 Mar 2014

By Suze Metherell March 24 (BusinessDesk) – New Zealand shares fall as ongoing geo-political tensions in Europe keep global investors nervous and as weak Chinese manufacturing figures stoke concern over the strength of the world’s second-biggest economy. Pacific Edge led the decline. The NZX 50 Index fell 6.376 points, or 0.1 percent, to 5118.618. Within the index, 28 stocks fell, 20 rose and two were unchanged. Turnover was $126 million. New Zealand was one of the few stock markets to decline across Asia as investors mulled the impact of...

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