MARKET CLOSE: NZ shares fall on profit-taking; Spark, Trade Me drop

Fri, 11 Sep 2015

By Suze Metherell Sept. 11 (BusinessDesk) - New Zealand shares fell, led by Spark New Zealand and Trade Me Group, as investors looked to crystallise recent gains. Auckland International Airport and Orion Health Group declined. The S&P/NZX 50 Index fell 22.76 points, 0.4 percent, to 5648.23. Within the index stocks were mixed as 18 fell, 27 rose and five were unchanged. Turnover was $134 million. Telecommunications provider Spark led the benchmark index lower, falling 3 percent to $3.27 after advancing 18 percent over the past month....

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