MARKET CLOSE: NZ shares fall on Auckland Airport guidance; F&P gives up gains

Wed, 01 Jul 2020

New Zealand shares fell on the back of a grim update from Auckland International Airport and Fisher & Paykel Healthcare gave up some of its recent gains. The S&P/NZX 50 Index fell 100.78 points, or 0.9 percent, to 11,350.27. Within the index, 30 stocks rose, 19 fell, and one was unchanged. Turnover was $163.4 million. The benchmark started the second half of the year on a negative note as Fisher & Paykel Healthcare led the market lower, falling 4 percent to $34.19. The stock had climbed almost 8 percent during the past two days followi...

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