MARKET CLOSE: NZ shares drop, Tegel and Vital Healthcare dip, A2 Milk gains

Tue, 21 Jun 2016

By Sophie Boot June 21 (BusinessDesk) - New Zealand shares dropped, defying global trends, as a lack of news and Brexit nervousness kept the market quiet. Tegel Group and Vital Healthcare Property Trust declined while A2 Milk rose. The S&P/NZX 50 Index fell 30.15 points, or 0.4 percent, to 6,839.39. Within the index, 24 stocks rose, 20 fell and six were unchanged. Turnover was $144 million. "The market's fall is unusual because there was an almighty rally overnight from the international markets, in particular the UK and Europe, and a...

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