MARKET CLOSE NZ shares fall; F and P Healthcare, Fletcher drop

Tue, 09 Apr 2013

April 9 (BusinessDesk) – New Zealand shares fell, paced by Fisher & Paykel Healthcare as the kiwi dollar rose, and Fletcher Building, which faces a sluggish market in Australia. The NZX 50 Index fell 1.99 points, or 0.04 percent, to 4395.20. Within the index, 22 stocks rose, 17 fell and 11 were unchanged. Turnover was $112 million. F&P Healthcare, which makes respirators and sleep apnea masks, fell 2.8 percent to $2.47. The manufacturer gets more than 50 percent of its sales in US dollars and the kiwi gained to a two-month high 84.95 US cent...

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