MARKET CLOSE: NZ shares fall as Australian holiday saps trading volumes

Mon, 10 Jun 2019

By Paul McBeth June 10 (BusinessDesk) - New Zealand shares fell in subdued trading, with an Australian holiday sapping activity on the local market. Fisher & Paykel Healthcare led the market lower, as a strong kiwi dollar crimped its export earnings. The S&P/NZX 50 Index decreased 20.21 points, or 0.2 percent, to 10,027.61. Within the index, 13 stocks fell, 25 rose, and 12 were unchanged. Turnover was $52.9 million, with just two stocks trading on volumes of more than a million shares. Australian markets were closed for the Queen's B...

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