MARKET CLOSE: NZ shares fall; Orion slides to record low, Spark, MRP decline

Wed, 10 Jun 2015

By Suze Metherell June 10 (BusinessDesk) - New Zealand shares fell after Orion Health said an expected US-based contract has been delayed. Spark New Zealand, MightyRiverPower and Contact Energy declined. The NZX 50 Index fell 58.241 points, or 1 percent, to 5803.865. Within the index, 38 stocks fell, seven rose and five were unchanged. Turnover was $136 million. Orion slid 9.7 percent to a record low of $4 after the health and management software system company said a contract with one of its US payer customers has been delayed for 12...

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