MARKET CLOSE NZ shares fall, paced by Westpac, ANZ; F and P Healthcare gains

Fri, 19 Oct 2012

By Hannah Lynch Oct. 19 (BusinessDesk) - New Zealand shares fell, paced by dual-listed trans-Tasman banks Australian & New Zealand Banking Group and Westpac Banking Corp. Fisher & Paykel Healthcare led gainers. The NZX 50 Index fell 13.78 points, or 0.3 percent, to 3988.16. Within the index, 20 stocks fell, 18 rose and 12 were unchanged. Turnover was about $81 million. Westpac fell 2.3 percent to $32.25 and ANZ shed 1.8 percent to $32.55, tracking declines in banking stocks on the ASX, where concerns are looming that lending will be curtail...

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