MARKET CLOSE: NZ shares mixed as A2, F&P Health hit records while CBL, retirement stocks fall

Mon, 11 Sep 2017

By Sophie Boot Sept. 11 (BusinessDesk) - New Zealand shares were mixed with exporters A2 Milk Co and Fisher & Paykel Healthcare hitting record highs as a weaker kiwi dollar boosts their overseas earnings, while CBL Corp dropped amid a gloomy outlook for insurers. The S&P/NZX50 Index increased 0.22 points, or 0.003 percent, to 7,851.75. Within the index, 25 stocks fell, 16 rose and nine were unchanged. Turnover was $136 million. The New Zealand dollar fell from a month-high as concerns around the greenback faded after Hurricane Irma's i...

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