MARKET CLOSE: NZ shares mixed; Sky TV, Fletcher fall, Synlait, Trade Me gain

Wed, 28 Feb 2018

By Sophie Boot Feb. 28 (BusinessDesk) - New Zealand shares were mixed, with Sky Network Television sinking to a ten-week low while Synlait Milk and Trade Me Group gained. The S&P/NZX 50 Index gained 13.44 points, or 0.2 percent, to 8,373.82. Within the index, 24 stocks fell, 17 rose and nine were unchanged. Turnover was $190 million. Sky Network Television sank 9.6 percent to $2.53, making it the worst performer today. It has slashed prices in an effort to slow an exodus of customers quitting its pay-TV service in favour of cheaper on-...

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