MARKET CLOSE: NZ shares fall; Ebos, Ryman, Air NZ, Fletcher, Comvita drop, A2 rises

Mon, 16 Apr 2018

By Jonathan Underhill April 16 (BusinessDesk) - New Zealand shares fell in relatively subdued trading, led by Ebos Group, Ryman Healthcare, Air New Zealand and Fletcher Building. Comvita fell after a profit warning while A2 Milk gained on news of a deal in South Korea. The S&P/NZX 50 Index declined 8.42 points, or 0.1 percent, to 8,406.35. Within the index, 25 stocks fell, 14 gained and 11 were unchanged. Turnover was $89 million. Grant Williamson, a director at Hamilton Hindin Greene, said trading volumes have been low in the absence...

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