MARKET CLOSE: NZ shares fall, Synlait and Tegel drop while Scales hits record

Wed, 06 Dec 2017

By Sophie Boot Dec. 6 (BusinessDesk) - New Zealand shares fell with Synlait Milk and Fletcher Building leading the index down, and Tegel Group plunging on its earnings report, while Scales Corp hit a record on intraday trading. The S&P/NZX50 Index dropped 45.35 points, or 0.6 percent, to 8,130.86. Within the index, 23 stocks fell,16 rose and 11 were unchanged. Turnover was $149 million. "We've had a good run and the markets are looking for an excuse to let off a little steam, and we're starting to come into the Christmas lull period a...

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