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Daily Alert: Shaky start to the week for shares

  • NZ retail card spending rose 0.1% in June (on a month earlier, seasonally adjusted), and was up 1.9% on year ago levels
  • New Zealand's sharemarket was up nearly 4% last week, but the NZX 50 slipped 0.6% yesterday
  • Sharemarkets elsewhere have also had a poor start to the week, except for Japan (Nikkei up 1%), and a flat UK market

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