MARKET CLOSE: NZ shares fall to end quarter little changed; Air NZ drops

Mon, 30 Jun 2014

By Jonathan Underhill June 30 (BusinessDesk) - New Zealand shares fell on the final day of the quarter and financial year-end, leaving the NZX 50 Index little changed in the past three months. Air New Zealand, Pacific Edge and Telecom Corp paced the day's decline. The NZX 50 fell 2.769 points, or 0.1 percent, to 5141.477. Over the second quarter, the index slipped 0.1 percent. Within the index, 18 stocks fell, 19 rose, and 13 were unchanged. Turnover was $99.8 million. The index turned negative late in the session even after ERoad conf...

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