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

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