CORRECT: MARKET CLOSE: NZ shares fall as A2 extends decline, property stocks lose shine

Thu, 27 Sep 2018

(Fixes A2 price, movement in 6th paragraph) By Paul McBeth Sept. 27 (BusinessDesk) - New Zealand shares fell as A2 Milk Co extended its decline since its chief executive sold down her holding. Rising bond yields also dimmed the lustre of property stocks. The S&P/NZX 50 index dropped 63.45 points, or 0.7 percent, to 9,286.40. Within the index 36 stocks fell, seven gained and seven were unchanged. Turnover was $120.9 million. The local market followed Wall Street's lead after the Federal Reserve raised its key interest rate. Global...

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