MARKET CLOSE: NZ shares up, Fletcher and Spark gain while A2, Tegel, Kathmandu drop

Thu, 07 Dec 2017

By Sophie Boot Dec. 7 (BusinessDesk) - New Zealand shares rose, led higher by Fletcher Building and Spark New Zealand, while A2 Milk Co and Kathmandu Holdings weakened. The S&P/NZX50 Index gained 41.74 points, or 0.5 percent, to 8,172.6. Within the index, 24 stocks rose, 14 fell and 12 were unchanged. Turnover was $145 million. "Offshore markets didn't give us too much of a lead last night, and the market is probably just recovering from the first three days of the week, which have been pretty poor," said Grant Williamson, director at...

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