MARKET CLOSE: NZ shares fall; AIA, Spark, Fletcher decline

Wed, 17 Jun 2015

By Suze Metherell June 17 (BusinessDesk) - New Zealand shares fell, led by Auckland International Airport, Fletcher Building and Spark New Zealand, amid selling by offshore investors concerned the falling kiwi dollar is eroding the value of their holdings. The NZX 50 Index fell 34.671 points, or 0.6 percent, to 5779.263. Within the index, 21 stocks fell, 17 rose and 12 were unchanged. Turnover was $103 million. The benchmark index has gained some 4.4 percent since the start of the year, climbing to record levels, as New Zealand's rel...

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