MARKET CLOSE NZ shares mixed; Wrightson gains as Fonterra units snapped up

MARKET CLOSE NZ shares mixed; Wrightson gains as Fonterra units snapped up
Nov. 27 (BusinessDesk) - New Zealand shares were mixed. PGG Wrightson rose to the highest in more than a month after the sale of Fonterra units underlined the appeal of the rural sector, while Kiwi Income Property Trust fell after shedding its dividend. The NZX 50 Index fell 2.41 points, or 0.1 percent, to 4009.60, holding above 4000 for a third session. Within the index, 20 stocks rose, 18 fell and 12 were unchanged. Turnover was $115 million, with just less than a fifth of that made up of trading in Fletcher Building shares. Fletcher, the...