MARKET CLOSE: NZ shares mixed as Xero, Orion fall, F&P gains on earnings outlook

Mon, 30 Nov 2015

By Sophie Boot Nov. 30 (BusinessDesk) - New Zealand shares were mixed as Xero and Orion Health Group extended their decline, while Fisher & Paykel healthcare rose on a strong full-year earnings outlook. The S&P/NZX 50 Index fell 0.87 points, or 0.01 percent, to 6100.15. Within the index, 23 stocks rose, 21 fell and 6 were unchanged. Turnover was $243.4 million. Xero led the index lower, falling 4.7 percent to $19.15. The cloud-based accounting software developer has dropped 6.9 percent since last Thursday, when managers including found...

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