NZ shares fell on global growth concerns

Tue, 22 Jan 2019

By Rebecca Howard Jan. 22 (BusinessDesk) - New Zealand shares fell as investors fretted about a possible slowdown in global growth. Spark saw the heaviest volumes traded. The S&P/NZX 50 index fell 34 points, or 0.4 percent, to 9114.63. Within the index, 17 stocks rose, 9 were unchanged and 24 fell. Turnover was light at $101 million. US markets were closed overnight due to a holiday but equity markets in Europe fell after China's slightly slower 6.4 percent GDP growth in the December quarter. Asian markets followed suit and sentiment...

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