NZ shares fall
New Zealand shares fell for a fifth session as retirement village operators Summerset Group and Metlifecare suffered amid fears a slowing property market will dent their fortunes.
The S&P/NZX 50 Index declined 19.78 points, or 0.2 percent, to 9,787.30. Within the index, 16 stocks fell, 24 gained, and 10 were unchanged. Turnover was $143.9 million.