Shares join global decline
New Zealand shares fell for a second day as doubts about the ceasefire in the US-China trade stoush weighed on global markets, hitting growth stocks and exporters such as Gentrack Group and Fisher & Paykel Healthcare.
The S&P/NZX 50 index dropped 84.23 points, or 1 percent, to 8,781.53. Within the index, 38 stocks fell, seven gained and five were unchanged. Turnover was $107.1 million.