MARKET CLOSE: NZ shares mixed, Comvita up while Sky TV hits low, Mercury and Genesis report

Tue, 22 Aug 2017

By Sophie Boot Aug. 22 (BusinessDesk) - New Zealand shares were mixed, with Comvita rallying on positive earnings while Sky Network Television hit an 8-and-a-half year low. The S&P/NZX50 Index dipped 0.7 points, or 0.009 percent, to 7,867.08. Within the index, 24 stocks rose, 16 fell and 10 were unchanged. Turnover was $167 million. Comvita led the index, up 11.2 percent to $6.75 after beating full year guidance and announcing it expects to return to an operating profit in the current financial year. The Te Puke-based company, whi...

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