On Friday, the NZX slid 0.64 percent, or 32.66 points, from Thursday to close on 5,079.32.
The MSCI Asia-Pacific gauge ended the week trading at 12.65 times estimated earnings, compared with multiples of 15.66 for the Standard & Poor’s 500 Index and 14.04 for the STOXX Europe 600 Index, data compiled by Bloomberg show.
In other markets on Friday:
Mumbai closed 22.55 points up from Thursday to finish the week at 21,797.16 points.
Manila closed 0.60 percent lower, giving up 38.55 points to close on 6,391.24.