Big news drive big moves on sharemarket

Bad news for Ebos and others pushed share prices around today. (Image: Ebos)

Tue, 06 Jun 2023

Ebos Group, A2 Milk, Synlait and Pacific Edge were the centre of attention with transformative developments, while the New Zealand sharemarket made a recovery after a midday slump.When the stocks produced good and bad news, much of it surprising, The S&P/NZX 50 Index was down as much as half a percent, but it closed at 11,864.12 down 16.77 points or 0.14%.There were 87 gainers and 48 decliners over the whole market on volumes of 37.21 million share transactions worth $203.03m, with Ebos and A2 Milk soaking up much of the trading.The biggest...

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