MARKET CLOSE: NZ shares join global sell-off; Spark, Air NZ, Sky TV, A2 Milk fall

Mon, 26 Mar 2018

By Jonathan Underhill March 26 (BusinessDesk) - New Zealand's S&P/NZX 50 Index fell about 1 percent for the second straight session, joining a global selloff that started on Wall Street and extended into Asia amid fears of a trade war. Spark NZ, Air New Zealand, Sky Network Television and A2 Milk all fell. The NZX 50 fell 82.95 points, or 0.97 percent, to 8,432.41. Within the index, 33 stocks fell, 11 rose and six were unchanged. Turnover was $95 million. On Friday, the Dow Jones Industrial Average dropped 1.8 percent, the Standard & P...

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