A2 helps NZ shares play catch up

New Zealand shares played catch up today with share markets overseas which have been running ahead. A2 Milk lead the charge as it rallied from a low. The S&P/NZX 50 Index rose 145 points, or 1.2%, to 12,632.60. Within the index, 30 stocks rose, 12 fell, and eight were unchanged. Turnover was $186.5 million.“The New Zealand market, as a rule, has been underperforming, so we were probably due a bit of catch up,” said Grant Davies, an investment advisor at Hamilton Hindin Greene.The benchmark index is still down 3.7% from the...
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