( dpa )- The New Zealand stock market, the first in the world to open every day, followed European markets into a nosedive Tuesday with the benchmark index of 50 top companies falling nearly 4 per cent in morning trading. By noon, the NZX50 Index was down 138 points from Monday night's close of 3,508, having lost 125 points in the first 10 minutes of trading. It was the 14th consecutive day of losses for the index, which had already dropped 10 per cent since the start of the year.
New Zealand stock market slumps nearly 4 per cent
22 January 2008 03:28 (UTC+04:00)