MARKET CLOSE: NZ shares down, Sky TV continues to weaken while Comvita, A2 gain

Fri, 03 Mar 2017

By Sophie Boot March 3 (BusinessDesk) - New Zealand shares dipped, with Sky Network Television weaker after its merger with Vodafone NZ was denied, while A2 Milk Co and Synlait Milk gained on a closer supply deal. The S&P/NZX50 Index dropped 14.97 points, or 0.2 percent, to 7,160.86. Within the index, 25 stocks fell, 16 rose, and nine were unchanged. Turnover was $134.8 million. Sky Network Television was the worst performer, down 2.7 percent to $3.61. Port of Tauranga dropped 2.3 percent to $4.29 and Stride Property declined 2.2 perce...

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