CORRECT: MARKET CLOSE: NZ shares climb back above 10,000; Synlait rallies on covenant appeal

Fri, 07 Jun 2019

(Corrects volume of Synlait shares traded in third paragraph.) By Paul McBeth June 7 (BusinessDesk) - New Zealand's benchmark index climbed back above 10,000, led by Synlait Milk, on news the dairy company is appealing a ruling that may prevent the opening of its second processing facility. The S&P/NZX 50 Index rose 0.6 percent to 10,047.82. Within the index, 26 stocks rose, 15 fell, and nine were unchanged. Turnover was $103.2 million with just six stocks trading on volumes of more than a million shares. Synlait rose 4 percent to...

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