MARKET CLOSE: NZ shares fall as heavyweights Auckland Airport, Meridian lose steam

Mon, 17 Jun 2019

By Paul McBeth June 17 (BusinessDesk) - New Zealand shares fell in relatively quiet trading, weighed down by blue-chip stocks such as Auckland International Airport and Meridian Energy which have been trading near records. The S&P/NZX 50 Index declined 65.11 points, or 0.6 percent, to 10,170.26. Within the index, 24 stocks fell, 19 rose, and seven were unchanged. Turnover was $85 million. The volume of trading was relatively quiet, with 18.8 million shares changing hands, down on its 90-day average of 30.4 million. Stocks across Asia...

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