MARKET CLOSE: NZ shares snap 6-day gain, Spark falls on Moutter exit

Wed, 03 Apr 2019

By Paul McBeth April 3 (BusinessDesk) - New Zealand shares slipped from a record, with Spark New Zealand falling after managing director Simon Moutter signalled his exit from the country's biggest telecommunications company. The S&P/NZX 50 Index fell 19.09 points, or 0.2 percent, to 9,9939.26, snapping a six-day gain. Within the index, 24 stocks declined, 20 gained, and six were unchanged. Turnover was $193.5 million. Spark declined 3.3 percent to $3.65 on an average volume of 5.5 million after Moutter announced his departure at the e...

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