MARKET CLOSE: NZ shares fall as investor uncertainty weighs on exporters; F&P Health, A2 drop

Fri, 14 Dec 2018

By Paul McBeth Dec. 14 (BusinessDesk) - New Zealand shares fell as uncertainty over the global economy and US-China trade tensions pushed Asian markets lower. Exporters Fisher & Paykel Healthcare, A2 Milk and Comvita all declined. The S&P/NZX 50 index decreased 70.66 points, or 0.8 percent, to 8,722.51. Within the index, 23 stocks fell, 21 gained, and six were unchanged. Turnover was $195.6 million, of which Trade Me accounted for $90.6 million. Strained trade relations between the US and China and the prospect of higher US interest...

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