New Zealand share market fell on Thursday, 08 May, 2014 after a political poll showed dwindling support for the incumbent National-led administration, and weighing on power companies exposed to regulatory risk under a change of government. Contact Energy lead the benchmark index lower, as MightyRiverPower, Meridian Energy, and Genesis Energy paced the decline.
By the provisional close, the NZX 50 Index fell 27.716 points, or 0.5 percent, to 5161.41. Within the index, 23 stocks fell, 18 rose and nine were unchanged.
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