NZ sharemarket down 0.5%, AIA down 2.5%

NZ sharemarket down 0.5%, AIA down 2.5%
In contrast, the ASX reached new heights. (Image: Getty)
Graham Skellern
The New Zealand sharemarket posted its fourth decline in five trading days, with Auckland International Airport falling nearly 2.5%, while the Australian benchmark index reached an all-time high.The S&P/NZX 50 Index was weaker in the afternoon and closed at 12,928.38, down 74.66 points or 0.57% after reaching an intraday low of 12,879.28.Volumes were again improved, with 30.9 million share transactions worth $127.14m.No need to hurryAcross the Tasman, the S&P/ASX 200 Index had risen 0.6% to 8,497.7 points (at 6pm NZ time), beating the p...

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