New Zealand shares extend fall, central bank governor resigns

Fletcher Building

05/03/2025 01:14

** New Zealand shares .NZ50 extend early losses, last down 1% at 12,352.44

** Benchmark stock index hits its lowest in a week

** Reserve Bank of New Zealand announces resignation of Governor Adrian Orr, says Deputy Christian Hawkesby to be acting governor

** Index heavyweight Fletcher Building FBU.NZ down 3.6%, electricity retailer Contact energy CEN.NZ falls 2.1%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))