NZ shares fall
New Zealand shares fell for a fourth day as the threat of a slowing property market was seen weighing on retirement sector stocks such as Summerset Group and Metlifecare.
The S&P/NZX 50 Index declined 49.97 points, or 0.5 percent, to 9,807.08. Within the index, 29 stocks fell, 15 rose, and six were unchanged. Turnover was $118.67 million.