MARKET CLOSE: NZ shares flat as A2, Synlait hit records on Chinese approval; Z Energy falls

Thu, 28 Sep 2017

By Sophie Boot Sept. 28 (BusinessDesk) - New Zealand shares were flat, as Synlait Milk and A2 Milk Co broke new records on regulatory approval to retain Chinese market access, while Z Energy dropped after missing heightened expectations on its bigger dividend policy. The S&P/NZX50 Index dipped 0.16 points, or 0.002 percent, to 7,913.62. Within the index, 26 stocks fell, 19 rose and five were unchanged. Turnover was $204 million. Z Energy led the index lower, down 3 percent to $7.39. At an investor briefing today, it said it anticipate...

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