MARKET CLOSE: NZ shares fall in global selloff; Orion, Westpac, ANZ decline

Wed, 23 Sep 2015

By Suze Metherell Sept. 23 (BusinessDesk) - New Zealand shares fell in a global selloff driven by concerns Chinese economic growth is slowing. Orion Health Group, Westpac Banking Corp and Australia & New Zealand Banking Group declined. The S&P/NZX 50 Index fell 42.45 points, or 0.7 percent, to 6564.34. Within the index, 35 stocks fell, eight rose and seven were unchanged. Turnover was $123 million. Markets across Asia fell, after Chinese manufacturing data fell to the lowest level in 6.5 years. There is concern growth in China, the w...

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