MARKET CLOSE: NZ shares down, Air NZ and Vector fall, as markets mixed ahead of May's Brexit speech and Trump inauguration

Tue, 17 Jan 2017

By Sophie Boot Jan. 17 (BusinessDesk) - New Zealand shares dipped, led lower by Air New Zealand and Vector, with Arvida Group and Tegel Group Holdings rising. The S&P/NZX50 Index fell 11.98 points, or 0.2 percent, to 7,062.96. Within the index, 23 stocks fell, 20 rose and seven were unchanged. Turnover was $72.3 million. Matt Goodson, managing director at Salt Funds Management, said the local market was in a holding pattern ahead of next month's results season, with little news from listed companies. Air New Zealand led the local i...

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