MARKET CLOSE: NZ shares sold off as most regional markets fall

Fri, 04 Sep 2015

By Suze Metherell Sept. 4 (BusinessDesk) - New Zealand shares fell to their lowest level this year as offshore volatility weighed on sentiment again with markets across Asia weaker, with the exception of Australia. The S&P/NZX 50 Index fell 26.4 points, or 0.5 percent, to 5543.28. Within the index, 23 stocks fell, 16 rose and 11 were unchanged. Turnover was $143 million. Japan's Nikkei 225 Index down 2.5 percent and Hong Kong's Hang Seng Index down 0.6 percent, although Australian stocks rose, with the S&P/ASX 200 Index gaining 0.2 per...

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