MARKET CLOSE: NZ shares rise, A2 and Mainfreight hit records while F&P Health declines

Wed, 23 Nov 2016

By Sophie Boot Nov. 23 (BusinessDesk) - New Zealand shares rose, led by A2 Milk and Mainfreight which both set new records, while Fisher & Paykel Healthcare fell. The S&P/NZX 50 Index advanced 35.07 points, or 0.5 percent, to 6,851.46. Within the index, 24 stocks rose, 17 fell and 10 were unchanged. Turnover was $185.6 million. A2 Milk Co led the index, up 6.5 percent to a record price of $2.31, following yesterday's publication of a trading update for the four months to October at its annual meeting in Sydney. Net profit was $22 mil...

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