MARKET CLOSE: NZ shares fall as UK election creates Brexit uncertainty; Xero, Comvita, Auckland Airport down

Fri, 09 Jun 2017

By Sophie Boot June 9 (BusinessDesk) - New Zealand shares fell with turnover low as investors went into a holding pattern following the UK general election, with Comvita, Xero and Auckland International Airport declining. The S&P/NZX50 Index dropped 24.52 points, or 0.3 percent, to 7,436.1. Within the index, 28 stocks fell, 12 rose and 10 were unchanged. Turnover was $101.4 million. The UK vote has delivered a hung parliament with Theresa May's Conservatives losing significant ground to Labour, led by Jeremy Corbyn, with no party able...

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