MARKET CLOSE: NZ shares fall as yield plays ease from records

Mon, 01 Jul 2019

By Paul McBeth July 1 (BusinessDesk) - New Zealand shares fell as several energy and infrastructure firms eased from all-time highs in a quiet start to the September quarter. The S&P/NZX 50 Index decreased 36.57 points, or 0.3 percent, to 10,464.53. Within the index, 32 stocks fell, 10 gained, and eight were unchanged. Turnover was $73.2 million, with just four companies trading on volumes of more than a million shares. The benchmark index is still up about 19 percent so far this year, outperforming most stock markets across Asia, as...

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