MARKET CLOSE: NZ shares mixed, Synlait and A2 weaker while Mercury, Trustpower gain

Wed, 08 Nov 2017

By Sophie Boot Nov. 8 (BusinessDesk) - New Zealand shares were mixed, with Synlait and A2 Milk dropping while Mercury New Zealand and Trustpower rose. The S&P/NZX50 Index dipped 9.25 points, or 0.1 percent, to 8,040.42. Within the index, 23 stocks rose, 20 fell and seven were unchanged. Turnover was $137 million. "We had a weaker lead off global markets and we're tending to trade lower," said Peter McIntyre, investment adviser at Craigs Investment Partners. The Reserve Bank is set to release the latest monetary policy statement and of...

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