MARKET CLOSE: NZ shares down, Sanford, Xero drop while Sky TV gains ahead of UK vote

Thu, 08 Jun 2017

By Sophie Boot June 8 (BusinessDesk) - New Zealand shares dropped, led lower by Sanford and Infratil, as investors waited to see the outcome of tonight's events. The S&P/NZX50 Index fell 9.24 points, or 0.1 percent, to 7,458.66. Within the index, 22 stocks rose, 20 fell and eight were unchanged. Turnover was $132 million. Mark Lister, head of private wealth research at Craigs Investment Partners, said it had been a lacklustre week for the local market but people were looking forward to three events overnight - the European Central Ba...

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