RESEND: MARKET CLOSE: NZ shares fall to 5-week low as trade tensions spook investors; A2 drops

Mon, 10 Dec 2018

(Fixes garble in third paragraph.) By Rebecca Howard Dec. 10 (BusinessDesk) - New Zealand shares fell to a five-week low as rising concerns about global growth due to heightened US-China trade tensions extended into Asian markets. Export-focused A2 Milk dropped. The S&P/NZX 50 index declined 107.3 points, or 1.2 percent, to 8,660.02, the lowest close since Oct. 30. Within the index, 38 stocks fell, nine gained and three were unchanged. Turnover was quieter than usual at $78.7 million. Wall Street lost ground on Friday and Asian ma...

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