NZ shares fall as trade tailwind slows
New Zealand shares snapped five days of gains as optimism over the cooling of US-China tensions abated. Spark New Zealand declined as new accounting standards prompted it to adopt new earnings measures.
The S&P/NZX 50 decreased 10.33 points, or 0.1 percent, to 8,865.76. Within the index 25 stocks fell, 14 rose, and 11 were unchanged. Turnover was $110.6 million.