MARKET CLOSE: NZ shares slip as heightened US volatility underlines overseas influence, A2 falls

Thu, 20 Apr 2017

By Paul McBeth April 20 (BusinessDesk) - New Zealand stocks declined as heightened volatility in US equity markets increases the influence of overseas investors on the local bourse. A2 Milk Co, a favourite stock among foreign investors, fell. The S&P/NZX 50 index decreased 30.45 points, or 0.4 percent, to 7188.06. Within the index, 23 stocks fell, 14 rose, and 13 were unchanged. Turnover was $133 million. New Zealand's stock market was one of the few to decline across Asia today, having outperformed the region yesterday. Wall Street...

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