NZ stocks take Wall Street lead to end down 1%

NZ stocks take Wall Street lead to end down 1%
Comvita shareholders voted today on a scheme of arrangement from Florenz. (Image: NZME)
Jamie Gray
The New Zealand sharemarket took its lead from a weaker Wall Street to end lower on Friday.The S&P/NZX 50 Index closed down 133.41 points or 0.98% at 13,464.46, with 34.3 million shares worth $130.2m trading.There were 106 falls and 34 rises on the main board.Most other markets in the Asia-Pacific region were also softer after United States stocks had their worst day in a month, largely due to selling in technology stocks.The Dow Jones Index fell by 1.65%, the S&P 500 by 1.66% and the tech-heavy Nasdaq composite dropped by 2.29%.Wall St...

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