
Thousand head sell at Matawhero cattle fair
A thousand cattle sold at Matawhero saleyards on Tuesday
A thousand cattle sold at Matawhero saleyards on Tuesday
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The New Zealand sharemarket had a down day following the Easter break.
The local index finished lower after five consecutive days of heady rises.
But the New Zealand sharemarket had a welcome rise of more than half a per cent.
The New Zealand sharemarket fell for the sixth successive trading day.
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But in New Zealand, the local index fell nearly half a per cent.
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New Zealand stocks remained boxed in by high interest rates and modest earnings growth.
Since June 30, Fisher & Paykel Healthcare's stock has fallen by 14 per cent.
The S&P/NZX50 index was at 11,135.58, down 85.90 points or 0.77 per cent.
The S&P/NZX 50 Index edged up 0.06 per cent.
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