MARKET CLOSE: NZ shares fall as Pushpay revenue slips; a2, FPH, Fletcher dip

Wed, 11 Apr 2018

By Paul McBeth April 11 (BusinessDesk) - New Zealand shares fell, led by Pushpay Holdings after the mobile app payments developer posted its first dip in quarterly revenue, while blue-chip stocks a2 Milk Co, Fletcher Building and Fisher & Paykel Healthcare declined. Infratil gained on upbeat earnings guidance. The S&P/NZX 50 Index fell 16.05 points, or 0.2 percent, to 8,453.72. Within the index, 17 stocks fell, 27 gained, and six were unchanged. Turnover was $125 million. Pushpay led the index lower, falling 3 percent to $4.14 after...

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