MARKET CLOSE: NZ shares fall on global selloff, Air NZ, Auckland Airport and Tower decline

Fri, 22 Apr 2016

By Sophie Boot April 22 (BusinessDesk) - New Zealand shares fell from a record high as mixed results from the US reporting season weighed on global equity markets. Air New Zealand, Auckland International Airport and Tower declined. The S&P/NZX 50 Index dropped 40 points, or 0.6 percent, to 6,866.1. Within the index, 21 stocks fell, 20 rose and eight were unchanged. Turnover was $241.8 million. Stock indexes across Asia fell, taking their lead from Wall Street overnight, where stocks fell for the first time in four trading sessions af...

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