MARKET CLOSE: NZ shares down, led lower by Metro Glass and Sky TV while Comvita, A2 rally

Mon, 08 Jan 2018

By Sophie Boot Jan. 8 (BusinessDesk) - New Zealand shares fell, led lower by Metro Performance Glass and Sky Network Television, while Comvita, A2 Milk and Synlait Milk gained. The S&P/NZX50 Index dropped 30.07 points, or 0.4 percent, to 8,425.48. Within the index, 21 stocks fell, 16 rose and 13 were unchanged. Turnover was $77.3 million. "We're underperforming today compared to global markets, and the strength of the Kiwi has had a little bit to do with that - we've bounced up nicely against the US dollar and the Aussie," said Grant W...

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