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...

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