MARKET CLOSE: NZ shares fall as Z Energy drops from record, Infratil declines

Wed, 03 Jun 2015

By Suze Metherell June 3 (BusinessDesk) - New Zealand shares fell, with Z Energy declining as investors pocketed yesterday's gains. Infratil, Kathmandu Holdings and DNZ Property Fund dropped after giving up rights to their dividends. The NZX 50 Index slipped 5.037 points, or 0.1 percent, to 5858.706. Within the index, 25 stocks fell, 18 rose and seven were unchanged. Turnover was $163 million. Z Energy, the petrol station chain, declined 2.9 percent to $6.02, paring yesterday's 22 percent jump to a record close of $6.20. The chain, o...

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