MARKET CLOSE: NZ shares fall, led by TradeMe, F&P Healthcare; Warehouse, Kathmandu rise

Tue, 07 Feb 2017

By Sophie Boot Feb. 7 (BusinessDesk) - New Zealand shares fell, led lower by Trade Me Group and Fisher & Paykel Healthcare Corp while Warehouse Group gained. The S&P/NZX 50 Index dropped 27.33 points, or 0.4 percent, to 7,067.05. Within the index, 23 stocks fell, 18 rose and nine were unchanged. Turnover was $129 million. "We're on the cusp of reporting season, it really gets going next week so given the New Zealand market has had a pretty strong start to the year, it's probably a bit of caution creeping in," said Mark Lister, head of...

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