Business

NZ stocks fall

 New Zealand shares fell with local earnings insufficient to embolden investors wary about the outlook for the global economy. Z Energy again led the market lower.

The S&P/NZX 50 index fell 56.82 points, or 0.6 percent, to 8,778.78. Within the index, 22 stocks fell, 20 gained and eight were unchanged. Turnover was modest at $84.4 million. 

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