MARKET CLOSE: NZ shares fall ahead of busy earnings season period; Sky TV, Mercury drop; Synlait, a2 gain

Mon, 19 Feb 2018

By Sophie Boot Feb. 19 (BusinessDesk) - New Zealand shares fell in quiet trading ahead of a busy mid-week reporting period, led lower by Sky Network Television and Mercury NZ, while Synlait Milk and a2 Milk Co rose. The S&P/NZX50 Index declined 10.06 points, or 0.1 percent, to 8,115.25. Within the index, 22 stocks rose, 20 fell and eight were unchanged. Turnover was $67 million. "We're under-performing a little, it's a reasonable subdued performance to start the week which is probably not surprising as there's an avalanche of results c...

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