MARKET CLOSE: NZ shares mixed, market steady; Tower, Westpac, ANZ gain, Fisher & Paykel drops

Fri, 15 Jul 2016

By Sophie Boot July 15 (BusinessDesk) - New Zealand shares were mixed as investors did not follow offshore rallies, with Tower, Westpac Banking Corp and Metro Performance Glass gaining as Fisher & Paykel Healthcare dropped. The S&P/NZX50 Index dipped 7.44 points, or 0.1 percent, to 7,072.89. Within the index, 24 stocks rose, 21 fell and six were unchanged. Turnover was $202.5 million. "Investors are a little bit hesitant - I think they are waiting for next month's financial reporting season to kick off," said Grant Williamson, directo...

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