MARKET CLOSE: NZ shares fall on nuclear fears, F&P Healthcare and Sky TV drop while Hallensteins rallies

Fri, 11 Aug 2017

By Sophie Boot Aug. 11 (BusinessDesk) - New Zealand shares were dragged lower by global nuclear tension with Fisher & Paykel Healthcare and Sky Network Television hit hardest while Hallenstein Glasson Holding rose on positive earnings. The S&P/NZX50 Index dropped 70.60 points, or 0.9 percent, to 7,719.11. Within the index, 37 stocks fell, eight rose and five were unchanged. Turnover was $132 million. The local bourse was weak all day after nervousness about nuclear tensions between North Korea and the United States dragged global equit...

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