MARKET CLOSE: NZ shares fall, led by CBL, retirement stocks; CropLogic drops 23% in ASX debut

Tue, 12 Sep 2017

By Sophie Boot Sept. 12 (BusinessDesk) - New Zealand shares fell as CBL Corp extended its decline while retirement stocks Arvida Group and Metlifecare were sold on pre-election jitters. The S&P/NZX50 Index slipped 11.34 points, or 0.1 percent, to 7,840.41. Within the index, 25 stocks fell, 16 rose and nine were unchanged. Turnover was $134 million. Blue-chip stocks weighed on the benchmark index with Z Energy falling 1.7 percent to $7.48, Auckland International Airport down 1.4 percent to $6.47 and Contact Energy declining 1.3 percent...

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