MARKET CLOSE: NZ shares fall again, Mercury, Auckland Airport drop while Comvita rallies

Tue, 13 Sep 2016

By Sophie Boot Sept. 13 (BusinessDesk) - New Zealand's share slump continued for a second day, with Mercury and Auckland International Airport leading the index lower. The S&P/NZX50 Index fell 30.52 points, or 0.4 percent, to 7,249.24. Within the index, 20 stocks fell, 24 rose and six were unchanged. Turnover was $146 million. The index bounced early in the day, having dropped 2.5 percent yesterday in response to Friday's Wall Street sell-off, but was back in the red by the close. Asian markets were mixed in the afternoon's trading, w...

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