MARKET CLOSE: NZ shares rise as Brexit fears ease; A2 Milk gains, Warehouse falls

Mon, 20 Jun 2016

By Sophie Boot June 20 (BusinessDesk) - New Zealand shares rose as Brexit fears eased, though trading remained light with investors waiting to see the result later this week. Mainfreight and A2 Milk gained, while Warehouse Group dropped. The S&P/NZX 50 Index rose 22.46 points, or 0.3 percent, to 6,869.53. Within the index, 26 stocks rose, 16 fell and eight were unchanged. Turnover was $120.8 million. Brexit fears appear to have eased slightly, with some polls over the weekend indicating more Britons would prefer to remain in the Europe...

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