MARKET CLOSE: NZ shares gain, led by A2 Milk, Sky TV; Ryman drops

Mon, 06 Mar 2017

By Sophie Boot March 6 (BusinessDesk) - New Zealand shares rose, with A2 Milk Co and Sky Network Television recovering from sell-offs, while Ryman Healthcare and Chorus declined. The S&P/NZX50 Index gained 17.86 points, or 0.2 percent, to 7,178.73. Within the index, 28 stocks rose, 15 fell and seven were unchanged. Turnover was $102.3 million. A2 Milk led the index, up 4.6 percent to $2.51. The stock reached a record $2.60 before reporting its first-half earnings on Feb. 15, where it more than tripled first-half profit to $39.4 millio...

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