MARKET CLOSE: NZ shares mixed on weak overnight leads; Spark gains, Fletcher falls

Mon, 12 Nov 2018

By Gavin Evans Nov. 12 (BusinessDesk) - New Zealand shares were mixed as wary local investors tried to find value in a still volatile global environment. The S&P/NZX 50 index rose 25.45 points, or 0.3 percent, to 8,956.85. Within the index, 22 stocks fell, eight were unchanged and 20 fell. Turnover was modest at $86 million. US stocks fell on Friday on a combination of weak economic data in China and lower earnings forecasts in the tech sector. Trading there is expected to be light with the Veterans Day holiday overnight. Peter McIn...

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