MARKET CLOSE NZ shares fall; Contact, Fletcher, Infratil down

Tue, 11 Jun 2013

June 11 (BusinessDesk) – New Zealand shares fell as offshore investors continued to be rattled by the falling kiwi dollar and lack of action from the Bank of Japan sent equity markets down across Asia. Contact Energy and Fletcher Building fell, and Infratil dropped to its lowest this year. The NZX 50 Index fell 9.807 points, or 0.2 percent, to 4463.577. Within the index, 20 stocks fell, 21 rose and nine were unchanged. Turnover was $94 million. The Bank of Japan today stuck to its massive bond-buying programme, disappointing some investors w...

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