MARKET CLOSE: NZ shares fall for fourth day as Fletcher hits 6-month low

Wed, 24 Oct 2018

By Paul McBeth Oct. 24 (BusinessDesk) - New Zealand shares fell for a fourth session as Fletcher Building dropped to a six-month low and dairy companies A2 Milk and Synlait Milk remained under pressure. The S&P/NZX 50 index declined 30.94 points, or 0.4 percent, to 8,642.24. Within the index, 26 stocks fell, 19 gained and five were unchanged. Turnover was $140.3 million. Fletcher was one of the more active stocks with 2.8 million shares traded, almost twice the normal volume. The stock fell 2.9 percent to $5.71, the lowest close sinc...

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