MARKET CLOSE: NZ stocks slip as Manchester concert attack drags on investor sentiment, Comvita drops

Tue, 23 May 2017

By Rebecca Howard May 23 (BusinessDesk) - New Zealand stocks dipped, led by Comvita and Spark New Zealand, in cautious trading after a suspected terrorist attack killed at least 19 people and wounded 59 at a pop concert in the English city of Manchester. The S&P/NZX 50 Index fell 24.80 points, or 0.3 percent, to 7,384.70. Within the index, 18 stocks rose, nine were unchanged and 23 fell. Turnover was a quiet $93.7 million. "There is very low volume running through the market and Asia, in particular, is trading sideways post the Arianna...

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