MARKET CLOSE: NZ shares down as Fonterra Fund, Trade Me drop while Ebos Group hits record

Mon, 02 Jul 2018

By Sophie Boot July 2 (BusinessDesk) - New Zealand shares fell in light trading, led by Fonterra Shareholders' Fund and Trade Me Group while Ebos Group surged on a new deal which could bring A$1 billion in revenue in its first year. The S&P/NZX 50 Index dipped 0.66 points, or 0.007 percent, to 8,924.47. Within the index, 24 stocks fell, 19 rose and seven were unchanged. Turnover was $90.7 million. "Even though Friday night's close in the US wasn't too bad, Asian markets are a bit skittery but we're not following suit, we're flat. We ha...

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