MARKET CLOSE: NZ shares mixed, Trustpower and Infratil jump on trust backdown

Thu, 22 Mar 2018

By Sophie Boot March 22 (BusinessDesk) - New Zealand shares were mixed, with Trustpower and Infratil both rising after retaining a market advantage in Tauranga while Heartland Bank and Freightways dropped. The S&P/NZX 50 Index dipped 7.48 points, or 0.09 percent, to 8,600.81. Within the index, 23 stocks rose, 19 fell and eight were unchanged. Turnover was $142 million. "Our market was very strong yesterday, there was quite significant buying across the leaders and that has pulled back a little today in most but not all," said Matt Goo...

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