|Published : 13 Apr 2017, 14:56:08|
New Zealand shares fall for second
New Zealand shares were lower on Thursday as geopolitical tensions and President Donald Trump's comment on the dollar made investors jittery.
The benchmark S&P/NZX 50 index ended 0.3 per cent, or 21.74 points, lower at 7,229.8, adding to the 0.2 per cent weekly loss.
Utility companies Meridian Energy and Contact Energy lost over 1.0 per cent, while poultry products distributor Tegel Group led the losses, shedding 2.5 per cent.
The Australia and New Zealand markets will be closed on April 14 for Good Friday, according to Reuters.