MARKET CLOSE: NZ shares edge lower as global ructions weigh; Tourism Holdings sinks

Mon, 21 Oct 2019

New Zealand shares edged lower as global investors were unnerved by the uncertainty over the Brexit outcome and a slowing pace of growth in China. Tourism Holdings dropped to a two-month low. The S&P/NZX 50 Index decreased 4.37 points, or 0.04 percent, to 11,062.75. Within the index, 25 stocks fell, 19 rose, and six were unchanged. Turnover was $101 million. Stocks across Asia were mixed, with Australia's S&P/ASX 200 Index down 0.1 percent in afternoon trading, Singapore's Straits Times Index was up 1 percent and China's Shanghai Compos...

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