MARKET CLOSE NZ shares fall paced by Fletcher, Trade Me as earnings miss estimates

Aug. 22 (BusinessDesk) - New Zealand shares fell, led by Fletcher Building and Trade Me after they missed earnings estimates. PGG Wrightson gained following a return to profit.
The NZX 50 Index fell 29.35 points, or 0.8 percent, to 3658.37. Within the index, 24 stocks fell, 19 rose and seven were unchanged. Turnover was $122.6 million.
Fletcher fell 5.1 percent to $6.32. The country's biggest construction and building products company reported a 12 percent drop in annual earnings before one-time charges to $317 million on sales growth fuelle...
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