MARKET CLOSE: NZ shares fall; MRP, Genesis drop; A2 declines

Thu, 25 Jun 2015

By Suze Metherell June 25 (BusinessDesk) - New Zealand shares fell as traders weighed whether a regulatory threat was returning to the energy sector. MightyRiverPower, Genesis Energy, Meridian Energy and Contact Energy declined. A2 Milk Company fell as investors looked to crystalise recent gains. The S&P/ASX 50 Index fell 42.2 points, or 0.7 percent, to 5733.29. Within the index, 27 stocks fell, 15 rose and eight were unchanged. Turnover was $196 million. Over the weekend, Labour MP Stuart Nash told TVNZ's Q+A he was reviewing, but...

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