MARKET CLOSE: NZ shares extend gain as A2 hits new record; Ryman, Metlifecare, Summerset drop

Tue, 24 Oct 2017

By Sophie Boot Oct. 24 (BusinessDesk) - New Zealand shares eked out another gain as the market digested the details of the governing deals made by the incoming Labour government, with A2 Milk hitting a fresh record while retirement village stocks fell. The S&P/NZX50 Index edged up 0.55 points, or 0.007 percent, to 8,130.10. Within the index, 21 stocks rose, 21 fell and eight were unchanged. Turnover was $205 million. Matt Goodson, MD at Salt Funds Management, said the market was focused on the new government and figuring out the relati...

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