NZX drops 2% as oil-shock fears send markets tumbling – Market close

NZX drops 2% as oil-shock fears send markets tumbling – Market close

The S&P/NZX 50 Index slid to a close of 13,051.61, down 263.99 points or 1.98%.

The Australian S&P/ASX 200 Index was down 1.73% to 8490.8 points at 6pm NZ time; the Japanese Nikkei 225 had fallen 3.02% to 53,573.23; the Hong Kong Hang Seng had declined 1.66% to 25,592.99; an… [+3997 chars]