Fletcher Building – New Zealand's largest listed company by market value – has shed almost 7% as institutional investors appear to be selling.
By 3pm, Fletcher had lost 59 cents, or 6.87%, to sit at $8.00, for a market capitalisation of $5.49 billion.
That means $400 million has been
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David Williams
Fri, 03 May 2013
Fri, 03 May 2013
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$400m wiped off Fletcher in institutional selloff
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