New Zealand shares fell as the market joined a region-wide decline, and was paced by retailers after the Warehouse Group joining Hallenstein Glassons in issuing a profit warning.
The NZX 50 Index fell 39.263 points, or about 0.8 percent to 4911.076. Within the Index 35 stocks fell, seven rose and eight were unchanged. Turnover was $101.7 million.
Across the Asian markets there was a downturn after Chinese data showed manufacturing was shrinking. Australia's S&P/ASX 200 Index was down 1.2 percent in afternoon trading, while Hong Kong's Heng Seng Index slipped 1.4 percent and Japan's Nikkei 225 Index was down about 0.4 percent.
"The negative data out of China flowed on particularly through Australia," said James Smalley, a director at Hamilton Hindin Greene. "We just seem to be following those trends at the moment."
Budget retailer Warehouse Group led decliners after it warned its first half profits could fall as much as 13 percent. New Zealand's largest listed retailer slid 4.5 percent to $3.54, its lowest price this year.