MARKET CLOSE: NZ shares fall, led by A2, Meridian

Thu, 02 Apr 2015

By Suze Metherell April 2 (BusinessDesk) - New Zealand shares fell as some investors sold A2 Milk Co to lock in recent gains. Meridian Energy declined ahead of its second instalment payment coming due. The NZX 50 Index fell 4.188 points, or 0.1 percent, to 5831.395. Within the index, 19 stocks fell, 20 rose and 11 were unchanged. Turnover was $102 million, in a day marked by quiet trading prior to Easter long weekend. A2 fell 3.5 percent to 56 cents as investors looked to book the week's 14 percent gains. The milk marketing company de...

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