The NZX 50 fell 60 points, or 0.5%, to 12,965 on Friday, retreating for the fourth consecutive session and marking its lowest level since April 30, as traders remained cautious after fresh data showed New Zealand's manufacturing sector grew at its slowest pace in seven months. Investor sentiment was further subdued ahead of the release of a slew of New Zealand economic data, including retail sales and private sector PMI, next week. Caution was also built ahead of a series of economic releases from China and the PBOC interest rate decision next week. The broader index tracked declines in U.S. futures as investors assessed the final leg of President Trump’s meeting with Chinese President Xi Jinping. Healthcare, utilities, and communication services weighed on the index, with notable losses from Fisher & Paykel Healthcare (-3.8%), Sanford (-2.0%), F&C Investment Trust (-1.8%), and Mainfreight (-0.6%). For the week, the index fell 1.6%, marking the first weekly decline in three weeks.