NZ shares fall as Greek drama triggers region-wide sell-off

Mon, 06 Jul 2015

By Suze Metherell July 6 (BusinessDesk) - The New Zealand stock market kicked off a region-wide sell off as uncertainty over the future of Greece's financial stability stokes volatility in international markets and prompts investors to seek safe-haven assets. The S&P/NZX 50 Index fell 50.14 points, or 0.9 percent, to 5790,76 in afternoon trading. Inside the index, 33 stocks fell, 12 rose and five were unchanged. Selling on the local bourse was tamer than across Asia-Pacific, with Hong Kong's Hang Seng Index dropping 2.7 percent, Japan's N...

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