MARKET CLOSE: NZ shares fall; ANZ, Spark drop, FSF rebounds from record low

Fri, 17 Apr 2015

By Suze Metherell April 17 (BusinessDesk) - New Zealand shares fell, paced by Australia and New Zealand Banking Group and Spark New Zealand, as weakness in the Australian stock market weighed on dual-listed companies. Fonterra Shareholders' Fund rebounded from a record low. The NZX 50 Index fell 20.275 points, or 0.3 percent, to 5861.482. Within the index, 25 stocks fell, 15 rose, and 10 were unchanged. Turnover was $128 million. Across the Tasman, Australia's S&P/ASX 200 Index fell 1.2 percent in afternoon trading, as weak Chinese d...

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