As at: 8:57am Dec 22 NZST

New Zealand Market Report: New Zealand shares joined a regional sell-off as fears over the US-China trade dispute and the risk of a federal government shutdown in the US weighed on investor sentiment. Comvita sank as it exited the benchmark index. The S&P/NZX dropped 86 points, or 1 percent, to 8,686.19.
The New Zealand dollar is headed for a 0.3 percent weekly fall against the US dollar - and a 2 percent drop against the yen - as jittery markets wait to see whether a partial US government shutdown can be averted before Christmas. The kiwi traded at 67.73 US cents at 5pm in Wellington, versus 67.37 cents yesterday and 67.95 cents last Friday in New York.
The sudden fall in petrol prices looks likely to come to the rescue of what was shaping up to be a flat Christmas for retailers. A rebound in consumer confidence, as measured by Westpac McDermott Miller, in December also augurs well for the sector, analysts said.

Market Insight

Market Summary

As at 11:04 December 24th NZST
Stock prices delayed 20 minutes

Company	Last	Change	%
Skttv	1.95	+0.05	+2.6%
Argosy	1.19	+0.01	+0.8%
Steeltube	1.19	+0.01	+0.8%
Precinct	1.44	+0.01	+0.7%
Tower	0.745	+0.005	+0.7%

Company	Last	Change	%
Ryman	10.95	-0.14	-1.3%
Fletbuild	4.82	-0.06	-1.2%
Mercury	3.50	-0.04	-1.1%
Skellerup	2.02	-0.02	-1.0%
Airnz	3.11	-0.03	-1.0%

Time	Company	Summary
10:19 am	Fletbuild	SHINTR: FBU: D&O Ongoing Disclosures - Steve Vamos and Bevan McKenzie
10:09 am	Fsf	SHINTR: FSF: D&O Initial Disclosure Notice
10:09 am	Fonterra	SHINTR: FCG: D&O Initial Disclosure Notice
10:03 am	Ebos	TRANSACT: EBO: Completion of Terry White Group Acquisition
9:50 am	Carbon Fund	MKTUPDTE: CO2: CO2's NTA as at 21/12/18 - $0.9987

Market not yet open

Market not yet open

Time	Company	Summary
9:03 am	Temple Web	Change of Director's Interest Notice
9:00 am	Rarietf	Dividend/Distribution - RARI
9:00 am	Chapmans	Appendix 3B
8:57 am	Toro Energ	Drilling Update at Yandal Gold Project
8:57 am	Temple Web	Change of Director's Interest Notice

Index	Last	Change	%
Dow	22445.37	-414.23	-1.8%
NASDAQ	6332.99	-195.41	-3.0%
S&P 500	2416.62	-50.8	-2.1%
FTSE	6721.17	+9.24	+0.1%
Hang Seng	25753.42	+129.89	+0.5%
Nikkei	20166.19	-226.39	-1.1%

Rates are for interbank transactions