The NZX 50 fell 17 points, or 0.1%, to close at 13,739 on Friday, reversing a morning gain of 29 points, or 0.2%, to 13,785. The decline ended advances from the previous two sessions as investors assessed stronger-than-expected second-quarter GDP growth, although quarterly growth eased to 0.1% from 0.2%. New Zealand’s August trade deficit narrowed from July as exports increased more than imports, while food inflation remained at a 19-month low. A Wall Street rally and lower oil prices, which softened Treasury yields, helped cushion the decline; the Federal Reserve’s rate hike reaffirmed its commitment to containing inflation. Investors were awaiting China’s interest-rate decision and U.S. PMI data the following week. Consumer staples, financials and communication services weighed on the index.