MARKET CLOSE: NZ shares dip, Kiwi Property, Fletcher drop while energy stocks Meridian, Genesis, Contact gain

Tue, 01 May 2018

By Sophie Boot May 1 (BusinessDesk) - New Zealand shares fell slightly, despite a gain in energy stocks and ANZ Bank New Zealand rising on its first-half earnings. The S&P/NZX50 Index dipped 7.61 points, or 0.09 percent, to 8,435.97. Within the index, 19 stocks fell, 18 rose and 13 were unchanged. Turnover was $113.5 million. "Most people are away at a Macquarie conference, a lot of them are locked down in meetings so it's hard for them to do things - it normally drags a lot of participants out of the market and means volumes dwindle,...

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