CORRECT: MARKET CLOSE: NZX 50 inches lower as Freightways, Ryman drop; A2 back in favour

Fri, 15 Jun 2018

(Fixes headline and recasts to show late index move) By Sophie Boot June 15 (BusinessDesk) - New Zealand shares dipped from a record in busy trading, as investors took profits on Freightways and Ryman Healthcare, while Synlait Milk and A2 Milk found themselves back in favour. The S&P/NZX 50 Index edged down 2.72 points, or 0.03 percent, to 8,975.75, after being poised to close at a new record. Within the index, 22 stocks rose, 18 fell and 10 were unchanged. Turnover was $283.4 million. "There might be a bit of profit-taking in some...

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