MARKET CLOSE: NZ shares fall as A2, Synlait extend slide, F&P Healthcare rises

Tue, 07 Nov 2017

By Jonathan Underhill Nov. 7 (BusinessDesk) - New Zealand shares fell as A2 Milk and Synlait Milk, the best-performing companies on the benchmark index this year, extended their decline amid speculation investors who enjoyed the run-up are now booking profits from the gains. Fisher & Paykel Healthcare rose as the kiwi dollar headed into its third week below 70 US cents. The S&P/NZX 50 index declined 3.96 points, or 0.1 percent, to 8,049.67. Within the index, 29 stocks fell, 14 rose, and seven were unchanged. Turnover was $145 million....

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