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Consumer stocks pull down NZ shares

Wednesday, 13 December 2017


Consumer staples and healthcare stocks pulled down New Zealand shares on Wednesday.

New Zealand shares clocked their biggest intraday loss in a week.

The benchmark S&P/NZX 50 index fell 0.5 per cent or 44 points to 8,235.85, according to Reuters.

a2 Milk Company Ltd dropped 3.1 per cent to a one-month low, while Fisher & Paykel Healthcare Corp shed about 2.0 per cent.