MARKET CLOSE: NZ shares extend slide; A2 Milk, Sky TV, Fletcher decline

Wed, 06 Jan 2016

By Sophie Boot Jan. 6 (BusinessDesk) - New Zealand shares extended their slide from the record high reached on Dec. 31, with concerns about faltering growth in China weighing on sentiment. A2 Milk Co, Sky Network Television and Fletcher Building declined. The S&P/NZX 50 Index slipped 15.56 points, or 0.3 percent, to 6262.52. Within the index, 23 stocks fell, 19 rose and 8 were unchanged. Turnover was $92.8 million. The NZX 50 extended yesterday's 1.1 percent decline, when it joined a global rout in equity markets after figures showed a...

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