MARKET CLOSE: NZ shares up, Scales and A2 rise while Sky TV falls

Thu, 14 Dec 2017

By Sophie Boot Dec. 14 (BusinessDesk) - New Zealand shares gained, led by Scales Corp and A2 Milk Co, while Sky Network Television dropped again. The S&P/NZX50 Index increased 39.17 points, or 0.5 percent, to 8,323.75. Within the index, 27 stocks rose, 14 fell and nine were unchanged. Turnover was $194 million. Scales Corp led the index, up 4.1 percent to $4.53. Last week, the company said it expects full-year earnings to be at the upper end of guidance on the performance of its horticulture division and new acquisitions, and earnings...

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