MARKET CLOSE: New Zealand shares fall with coronavirus weighing on exporters

Tue, 04 Feb 2020

New Zealand shares fell today, led lower by export stocks as coronavirus continued to propel investor decision making. The S&P/NZX 50 Index declined 38.67 points, or 0.3 percent, to 11,511.49. Within the index, 25 stocks fell, 19 rose and six were unchanged. Turnover was $158.9 million. Asian markets fared better today, recouping a fraction of yesterday’s plunge in Chinese equities after the reopening of markets on China’s mainland. The Shanghai Composite Index was up 0.2 percent in afternoon trading, although still down roughly 7 perc...

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