MARKET CLOSE: NZ shares mixed, Metro Glass falls while Kiwi Property gains on 1H earnings

Mon, 21 Nov 2016

By Sophie Boot Nov. 21 (BusinessDesk) - New Zealand shares were mixed with Metro Performance Glass falling while Kiwi Property Group and Evolve Education Group gained following their first-half earnings. The S&P/NZX 50 Index fell 8.89 points, or 0.1 percent, to 6,848.95. Within the index, 23 stocks rose, 22 fell and six were unchanged. Turnover was $154 million. "We really are waiting for direction from offshore markets," said Rickey Ward, NZ equity manager at JBWere. "We've got a market that's very bond-like, bond-sensitive, and that...

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