MARKET CLOSE: NZ shares fall on Greek worries; A2, Xero, Fletcher decline

Fri, 03 Jul 2015

By Suze Metherell July 3 (BusinessDesk) - New Zealand shares fell as uncertainty over Greece's debt default sapped risk appetite and demand for equities. A2 Milk Co, Xero and Fletcher Building declined. Pumpkin Patch sank to a record low. The S&P/NZX 50 Index fell 0.58 points, or 0.01 percent, to 5840.89. Within the index, 26 stocks fell, 16 rose and eight were unchanged. Turnover was $165 million. Investors grew cautious ahead of Greece's referendum on whether to accept a proposed bailout deal from creditors. New Zealand stocks fell...

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