MARKET CLOSE: NZ shares fall with Asia on geopolitical concerns; Pushpay, Sky TV sink, Synlait gains

Thu, 12 Apr 2018

By Jonathan Underhill April 12 (BusinessDesk) - New Zealand shares fell, pushing the benchmark index to a week-low, as geopolitical tensions weighed on equities. Pushpay Holdings extended its slide to a 5-week low after its weak sales report. Fisher & Paykel Healthcare and Sky Network Television declined. Synlait Milk broke with its frequent running mate A2 Milk, chalking up the day's biggest gainer while A2 fell. The S&P/NZX 50 Index fell 49.50 points, or 0.6 percent, to 8,404.22. Within the index, 28 stocks fell, 16 gained, and six were...

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