A2 Milk lifts NZ shares

Wed, 27 Jan 2021

A2 Milk Company led the New Zealand share market higher as solid dairy demand and a reassurance of friendly trade relations with China helped lift the stock from a two-year low.The S&P/NZX 50 Index rose 50.54 points, or 0.4 percent, to 13,374. Within the index, 31 stocks rose, 13 fell and six were unchanged. Turnover was $151.8 million.Markets globally have been a little directionless as investors wait for more information on fiscal stimulus in the United States, which may not come until late March, and for the local corporate earnings seas...

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