MARKET CLOSE: NZ shares rise ahead of final election results; Synlait, A2, Fonterra drop

Fri, 06 Oct 2017

By Sophie Boot Oct. 6 (BusinessDesk) - New Zealand shares gained, led by Meridian Energy and Port of Tauranga, as investors keep an eye on tomorrow's final count of the general election and the subsequent coalition talks, while dairy stocks Synlait Milk and A2 Milk Co gave up gains. The S&P/NZX50 Index rose 2.64 points, or 0.03 percent, to 7,977.34. Within the index, 25 stocks rose, 20 fell and five were unchanged. Turnover was $155.6 million. "It's a quiet day leading into tomorrow's update on the special votes - that's probably relat...

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