a2 Milk rises as NZ sharemarket remains flat

There were 24.29 million share transactions worth $83.46m. (Image: Getty)

Wed, 17 Jan 2024

Global marketer a2 Milk increased nearly 4% due to a slowing birth rate in its crucial Chinese market as the New Zealand sharemarket finished flat for the second day running.The S&P/NZX 50 Index traded in a range of 11,723.62 and 11,789.07 – with a stronger performance in the afternoon – and closed at 11,767.03, down 3.72 points or 0.03%.There were 52 gainers and 79 decliners over the whole market on improved volumes of 24.29 million share transactions worth $83.46m.Paul Robertshawe, chief investment officer with Octagon Asset M...

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