MARKET CLOSE: NZ shares fall; Steel & Tube, Fletcher down, Vital Healthcare up

Wed, 01 Jun 2016

By Sophie Boot June 1 (BusinessDesk) - New Zealand shares fell as Steel & Tube Holdings said it was the supplier of imported Chinese steel used in a roading development, while Fletcher Building and Metro Performance Glass also declined and Vital Healthcare gained. The S&P/NZX 50 Index shed 17.08 points, or 0.2 percent, to 7,022.33. Within the index, 28 stocks declined, 14 advanced and eight were unchanged. Turnover was $172.3 million. "We've had a reasonably good run of late, but there's been a little bit of profit taking today after...

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