MARKET CLOSE: NZ shares down in calm before earnings storm; Metlifecare, Sky TV drop, Argosy, Air NZ gain

Mon, 21 Aug 2017

By Sophie Boot Aug. 21 (BusinessDesk) - New Zealand shares edged lower ahead of a busy week of corporate earnings, with Metlifecare and Sky Network Television dropping while Argosy Property and Air New Zealand gained. The S&P/NZX50 Index dropped 5.77 points, or 0.07 percent, to 7,867,78, Within the index, 20 stocks fell, 20 rose and 10 were unchanged. Turnover was $107 million. "Today's a bit of a quiet day in terms of the earnings season, there was obviously lots going on last week and for the rest of this week every day is a big day...

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