MARKET CLOSE: NZ shares dip in market lull during US-North Korea summit; Argosy, Ryman, Arvida fall

Tue, 12 Jun 2018

By Sophie Boot June 12 (BusinessDesk) - New Zealand shares dipped in light trading as some stocks gave up dividends, with the focus on the US-North Korea summit in Singapore. The S&P/NZX 50 Index fell 1 point, or 0.01 percent, to 8,958.81. Within the index, 19 stocks fell, 18 rose and 13 were unchanged. Turnover was $140.2 million. "It was quite a bit weaker early on and it's mostly rallied back, like yesterday. The volumes are pretty poor still, it's relatively devoid of any particular news - we've had results season, there are a few...

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