Cautious start to NZ sharemarket week, Synlait and A2 tumble again

(Image: Synlait)

Mon, 15 May 2023

The New Zealand sharemarket began budget week on a cautious, flat note and the closely aligned companies Synlait and a2 Milk again took a tumble.The S&P/NZX 50 Index fell at the opening and was saved by a late flourish in the end-of-day matching session. The index finished just 1.24 points or 0.01% down at 11,937.6 after reaching an intraday low of 11,882.82.There were 78 gainers and 46 decliners on the main board, but trading was again light with 25.11 million shares worth $74.37m changing hands.United States markets were softer as negotia...

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