MARKET CLOSE: NZ shares fall as global correction continues

MARKET CLOSE: NZ shares fall as global correction continues
Dan Brunskill
New Zealand shares followed global markets lower as the spread of coronavirus outside China continued, and the Ministry of Health confirmed a case in New Zealand late on Friday.  The S&P/NZX 50 Index declined 176.01 points, or 1.5 percent, to 11,261.16. Within the index, 42 stocks fell, 7 gained, and one was unchanged. Turnover was $320.9 million. Infections around the world surpassed those in mainland China and today New Zealand's Ministry of Health said a person in their 60s was the country's first case of Covid-19. The government said...

More Markets

Aussie shares rise for first time in new financial year
Markets

Aussie shares rise for first time in new financial year

The ASX200 finished up 0.3% after better-than-expected domestic retail sales data.

AAP 7:45am
Soft tissue repair company Aroa could unlock $1.6b market
Markets

Soft tissue repair company Aroa could unlock $1.6b market

A transformational year is predicted for Aroa with potential for maiden profit.

Pūkaki mega-lake never seriously considered
Markets

Pūkaki mega-lake never seriously considered

Officials' idea for a giant lake would have cost billions and had serious impacts.

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Graham Skellern 03 Jul 2024