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New Zealand’s sharing market imitated the global trend by falling sharply on Friday as markets turn through the volatility of global trade.
The NZX50 reference index fell 1.5% after another sale on Wall Street at night and weakness in Australia and Japan.
This occurs after a huge demonstration of relief saw yesterday the NZX record its best session in five years after US President Donald Trump paused in most tariffs.
However, investors remain nervous about the increasingly bitter trade war between China and the United States.
The US -exposed companies again fell markedly, including the manufacturer of health articles and articles of rubber Fisher and Paykel.
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