MARKET CLOSE: NZ shares rise as A2 Milk lifts guidance, Spark bounces back

Wed, 15 Jun 2016

By Sophie Boot June 15 (BusinessDesk) - New Zealand shares rose as A2 Milk Co raised its guidance and Spark continued to bounce back after being sold off on concerns about a Sky Network Television-Vodafone merger. The S&P/NZX 50 Index advanced 34.6 points, or 0.5 percent, to 6,869.56. Within the index, 23 stocks rose, 20 fell and seven were unchanged. Turnover was $186.2 million. A2 Milk led the index, rising 12.7 percent to $1.77, a one-month high, after the milk marketing company raised its full-year guidance and said it is well pla...

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