MARKET CLOSE: NZ shares down, Orion Health, Kathmandu fall while TradeMe gains

Fri, 11 Nov 2016

By Sophie Boot Nov. 11 (BusinessDesk) - New Zealand shares declined at the end of a volatile week that saw Donald Trump win the US presidency. Orion Health Group and Kathmandu Holdings led the index lower, while Trade Me Group rose. The S&P/NZX50 dropped 35.93 points, or 0.5 percent, to 6,697.79. Within the index, 32 stocks fell, 12 rose and seven were unchanged. Turnover was $177.3 million. "We've had a bit of a rough day today and I think we've got more in store," said David Price, broker at Forsyth Barr. "A good thing to remember is...

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