By Paul McBethNew Zealand stocks declined as heightened volatility in US equity markets increases the influence of overseas investors on the local bourse. A2 Milk Co, a favourite stock among foreign investors, fell. Within the index, 23 stocks fell, 14 rose, and 13 were unchanged. Real estate investors Property for Industry fell 2.4 per cent to $1.62 and Precinct Properties New Zealand was down 2 per cent to $1.20. Spark New Zealand rose 1 per cent to $3.615 and Fletcher Building gained 0.9 per cent to $7.85, bouncing from a year-low.

Source: New Zealand Herald April 20, 2017 05:37 UTC