Meridian Energy fell 1.5 per cent to $2.56 and Trade Me fell 1.5 per cent to $4.54. Within the index, 41 stocks fell, four rose and five were unchanged. The S&P/NZX50 Index fell 89.33 points, or 1.3 per cent, to 6834.94. Air New Zealand fell 4.4 per cent to $2.08 and Xero declined 3.9 per cent to $18.55. Expert notes flight to safety but says NZ market has still got a strong yield.

Source: New Zealand Herald June 14, 2016 08:37 UTC