MARKET CLOSE NZ shares fall; Chorus, MRP, Tower drop, Diligent jumps

MARKET CLOSE NZ shares fall; Chorus, MRP, Tower drop, Diligent jumps
Aug 8 (BusinessDesk) – New Zealand shares fell amid concern Chorus still faces regulatory uncertainty, while MightyRiverPower and Contact Energy dropped after a new deal was signed with the Bluff smelter allowing the plant to buy less power. Diligent Board member Services soared after a broker upgrade. The NZX 50 Index fell 6.922 points, or 0.2 percent, to 4541.382. Within the index, 32 stocks fell and 18 rose, making it a rare day where no stocks were unchanged. Turnover was $98 million, with some local trade potentially distracted by the lo...