MARKET CLOSE: NZ shares mixed as Bellamy's stoush weighs on A2 Milk

Thu, 05 Jan 2017

By Sophie Boot Jan. 5 (BusinessDesk) - New Zealand shares were mixed in holiday trading with yield stocks such as Spark New Zealand and Chorus attracting buyers, while A2 Milk Co was dragged lower by a looming boardroom stoush at ASX-listed rival Bellamy's Australia. The S&P/NZX 50 Index edged up 1.3 points, or 0.02 percent, to 6,975.6. Within the index, 24 stocks fell, 18 rose and eight were unchanged. Turnover was $85.7 million. "It's just really slow holiday trading at the moment, yesterday we saw some quite good buying in some of...

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