MARKET CLOSE: NZ shares drop, Sky TV and Tourism Holdings fall, Pushpay gains

Mon, 09 Jul 2018

By Sophie Boot July 9 (BusinessDesk) - New Zealand shares dropped from Friday's record high, led by Sky Network Television and Tourism Holdings, while Pushpay Holdings gained. The S&P/NZX 50 Index fell 22.39 points, or 0.2 percent, to 9,061.65. Within the index, 24 stocks fell, 17 rose and nine were unchanged. Turnover was $96.2 million. Mark Lister, head of private wealth research at Craigs Investment Partners, said the move was in contrast to other markets, with strong leads from the US and Europe on Friday night and Asian markets ge...

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