MARKET CLOSE: NZ shares join global decline as trade jitters re-emerge; Gentrack, F&P Health fall

Wed, 05 Dec 2018

By Paul McBeth Dec. 5 (BusinessDesk) - New Zealand shares fell for a second day as doubts about the ceasefire in the US-China trade stoush weighed on global markets, hitting growth stocks and exporters such as Gentrack Group and Fisher & Paykel Healthcare. The S&P/NZX 50 index dropped 84.23 points, or 1 percent, to 8,781.53. Within the index, 38 stocks fell, seven gained and five were unchanged. Turnover was $107.1 million. Stock markets across Asia followed Wall Street lower, with Australia's S&P/ASX index down 1.1 percent in aftern...

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