NZ shares fall as covid concerns investors

Tue, 15 Dec 2020

New Zealand's main share index fell with other Asian bourses, as the local market caught up with souring economic sentiment triggered by the spread of covid-19 globally.The S&P/NZX 50 Index fell 67.95 points, or 0.5 percent, to 12,767.17. Within the index, 32 stocks fell, 11 rose and seven were unchanged. Turnover was $204.5 million.Stephen Innes, chief global markets strategist at AxiCorp, said investors had been spooked by new virus restrictions, which were being tightened significantly in Europe and the US for the first time since co...

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