MARKET CLOSE: NZ shares fall most across Asia; Z still under pressure

Fri, 19 Oct 2018

By Paul McBeth Oct. 19 (BusinessDesk) - New Zealand shares fell the most across Asia as Z Energy led the market lower for another day amid rising oil prices, growing competition and the threat of increased regulation. The S&P/NZX 50 index dropped 108.33 points, or 1.2 percent, to 8,802.26. Within the index 39 stocks fell, nine gained and two were unchanged. Turnover was $115.6 million. The local market posted the biggest decline across Asia-Pacific.Australia's S&P/NZX 200 index was down 0.2 percent in afternoon trading, Hong Kong's H...

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