MARKET CLOSE: NZ stocks mixed in results season, Orion Health down while Comvita gains

Mon, 23 May 2016

By Sophie Boot May 23 (BusinessDesk) - New Zealand shares were mixed on a relatively quiet Monday as the market digested results posted by companies with a March 31 balance date. Orion Health Group dropped while Comvita and Sky Network Television gained. The S&P/NZX50 Index dropped 2.09 points, or 0.03 percent, to 6,907.77. Within the index, 21 stocks rose, 18 fell and eleven were unchanged. Turnover was $109 million. "During reporting season, our market tends to go into a bit of a lull volume-wise as people work their way through resu...

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