MARKET CLOSE: NZ shares edge lower as US-China trade fears weigh

Fri, 10 May 2019

By Paul McBeth May 10 (BusinessDesk) - New Zealand shares dipped from a record as the uncertain outcome of the US-China trade talks weighed on investor sentiment. The S&P/NZX 50 Index decreased 4.98 points, or 0.05 percent, to 10,099.37. Within the index, 22 stocks fell, 20 rose, and eight were unchanged. Turnover was $108.7 million. Stocks across Asia were mixed as investors waited as US and Chinese trade negotiations enter their final phase, with China vowing to retaliate to the US lifting tariffs on US$200 billion of goods to 25 p...

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