MARKET CLOSE: NZ shares fall, Pushpay at 5 month low as Metlifecare, Spark drop

Wed, 01 Aug 2018

By Sophie Boot Aug. 1 (BusinessDesk) - New Zealand shares fell as Pushpay Holdings hit a five-month low while Metlifecare and Spark New Zealand dropped. The S&P/NZX50 Index dropped 62.17 points, or 0.7 percent, to 8,859.92. Within the index, 31 stocks fell, 13 rose and six were unchanged. Turnover was $122.1 million. Pushpay Holdings led the index lower, down 7.5 percent to $3.84, the lowest it has closed since February. The mobile payments app developer delivered first-quarter revenue within guidance and has reshuffled its senior man...

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