MARKET CLOSE: NZ shares fall in light trading; Freightways and Kathmandu drop, Moa gains on price enquiry

Thu, 21 Dec 2017

By Sophie Boot Dec. 21 (BusinessDesk) - New Zealand shares fell, led lower by Freightways and Kathmandu Holdings in the last full day of trading before Christmas, while Comvita, Synlait Milk and Moa Group gained. The S&P/NZX50 Index decreased 19.12 points, or 0.2 percent, to 8,364.44. Within the index, 27 stocks fell, 15 rose and eight were unchanged. Turnover was $100 million. "The market's a bit subdued actually, Asia's travelling weaker and we're part of that group, though it's Christmas trading with light volume," said Peter McInt...

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