MARKET CLOSE: NZ shares fall; Summerset, Trade Me, MetroGlass, Trade Me lead the decline

Mon, 27 Mar 2017

By Jonathan Underhill March 27 (BusinessDesk) - New Zealand shares fell amid concern the failure of US President Donald Trump to push through his policy reforms means US growth won't be as robust as some investors had hoped, denting global sentiment. Summerset Group, Trade Me and Metro Performance Glass led the decline. The S&P/NZX 50 Index declined 11.11 points, or 0.2 percent, to 7,062.72. Within the index, 23 stocks fell, 22 rose, and five were unchanged. Turnover was $147 million. With little local news, the New Zealand bourse took...

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