MARKET CLOSE: NZ shares fall as US-China trade concerns weigh on markets; Ryman slips

By Paul McBeth | Thu, 21 Nov 2019


New Zealand shares joined the lull across Asia-Pacific markets as investors grow increasingly pessimistic about China-US trade relations. Ryman Healthcare fell on disappointment that its earnings forecast wasn't stronger. The S&P/NZX 50 Index declined 17.33 points, or 0.2 percent, to 10,958.16. Within the index, 35 stocks fell, 11 rose, and four were unchanged. Turnover was $152.7 million. Stocks across Asia were weaker on fears an initial trade deal between China and the US would slip into next year. Investors had hoped it would be done...