New Zealand shares fell on Tuesday's close as Asian markets saw a broad-based decline after Monday's lower Wall Street close and continued geopolitical tensions.
The S&P/NZX 50 fell 0.56% or 76.47 points to close at 13,484.22.
Overnight, the S&P 500 fell 0.5%, the Dow Jones lost 0.3%, and the Nasdaq Composite ended 0.6% lower.
Yemen's Iran-backed Houthis launched fresh strikes on Saudi Arabia and consolidated their hold on positions along Yemen's western Red Sea coast, according to a Monday Reuters report, citing Yemen officials.
In domestic news, the national median sale price in New Zealand's housing market fell 1.3% year over year in August to NZ$750,000 as the sales count declined 13% to 5,430, according to a Real Estate Institute of New Zealand (REINZ) property report.
Also, New Zealand's electronic card spending fell 0.5% month over month to NZ$9.75 billion in August on a seasonally adjusted basis, compared with the 0.9% increase recorded in the previous month, according to data from Stats NZ.
Further, there is a lack of momentum in household spending in New Zealand, with a jump in living costs and a soft labor market affecting discretionary spending, Westpac said in a note.
In corporate news, Meridian Energy's (ASX:MEZ, NZE:MEL) retail contracted sales volumes fell to 870 gigawatt hours (GWh) in August from 913 GWh a year earlier.
Auckland International Airport (ASX:AIA, NZE:AIA) recorded 1.5 million total passenger movements in August, down 3% year on year.