MARKET CLOSE: NZ shares fall, F&P Healthcare, Westpac decline

Thu, 14 May 2015

By Suze Metherell May 14 (BusinessDesk) - New Zealand shares fell, paced by Fisher & Paykel Healthcare and Westpac Banking Corp as a drop in Australia's listed healthcare sector weighed on the local bourse. Air New Zealand rose. The NZX 50 Index fell 13.355 points, or 0.2 percent, to 5738.404. Within the index, 29 stocks fell, 16 rose and five were unchanged. Turnover was $137.6 million. Across the Tasman, listed-medical device maker ResMed shares dropped 19 percent to A$6.70 in afternoon trading after it revealed a major clinical tri...

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