MARKET CLOSE: NZ shares fall, MetroGlass sinks to record low, F&P Healthcare, Fletcher, A2 slide

Wed, 07 Mar 2018

By Jonathan Underhill March 7 (BusinessDesk) - New Zealand shares fell as Metro Performance Glass sank to a record low on speculation it may drop out of the S&P/NZX 50 Index. Fisher & Paykel Healthcare, Fletcher Building and a2 Milk were among decliners while Kathmandu and Z Energy rose. The NZX 50 fell 43.32 points, or 0.5 percent, to 8,284.34. Within the index, 24 stocks declined, 17 rose and nine were unchanged. Turnover was $184 million. MetroGlass dropped 2.5 percent to 79 cents, a record low close. They sold in the 2014 IPO for...

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