MARKET CLOSE: NZ shares mixed, NZOG gains on takeover while CBL, Goodman Property drop

Thu, 10 Aug 2017

By Sophie Boot Aug. 10 (BusinessDesk) - New Zealand shares were mixed, with New Zealand Oil & Gas gaining on a partial takeover offer while CBL Corp and Goodman Property Trust fell. The S&P/NZX50 Index fell 9.93 points, or 0.1 percent, to 7,789.71. Within the index, 21 stocks rose, 15 were unchanged and 14 fell. Turnover was $137 million. Arvida Group was the best performer, up 1.5 percent to $1.32. Mercury NZ gained 1.4 percent to $3.56 and Fletcher Building rose 0.9 percent to $7.97. Vital Healthcare Property Trust gained 0.4 per...

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