The New Zealand sharemarket marked a slip 1.492% today due to global equity market rout that continued in this time zone.

Westpac, Australia's second-biggest lender nudged the NZX 50 Index to decrease after announcing its first-half results and a dividend payment that were reportedly under expectations.

The benchmark NZX-50 index reported to close down 49.2 points touching 3248.817. Turnover reported was worth $84.78 million.

It is revealed that in all 10 rises and 76 falls were witnessed among the 108 stocks traded.

Moreover, the Standard & Poor's 500 marked a plunge 2.4 percent on Wall Street, while France's CAC 40 loosed 3.6% as Spain's prime minister was forced to annul rumors that his country may be next to be engulfed by sovereign debt issue, midst rumors that Greece's aid package may not be suffice.

Also, Westpac slipped 4.7% touching $33.37 on the NZX following the Sydney-based bank announcement of its net income that marked a rise 32 percent to A$2.88 billion in the first half, mirroring a 45 percent squeeze in bad debt charges and improved markets.

Adrian Vance, director at Hamilton, Hindin, Greene, positing his views over weakness that the New Zealand market witnessed, quoted, "Around the world we've seen a culmination of various issues and one of them is Greece."