MARKET CLOSE: NZ shares lose ground in jittery markets, A2 Milk slides

Mon, 15 May 2017

May 15 (BusinessDesk) - New Zealand shares fell, led by A2 Milk and Air New Zealand, as weaker-than-expected data out of China compounded jitters after a ransomware attack that locked up more than 200,000 computers in over 150 countries and a missile test by North Korea. The S&P/NZX 50 index fell 22 points or 0.3 percent to 7429.94. Within the index, 19 stocks rose, 11 were unchanged and 20 fell. Turnover was $161 million. Across the Tasman, the S&P/ASX 200 Index was down 0.2 percent. Trading in New Zealand was "very flow driven" given...

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