Fletcher Building gains 4.6% after big volumes on ASX

Fletcher Building gains 4.6% after big volumes on ASX
High volumes of Fletcher stock were traded on the ASX. (Image: Supplied)
Gregor Thompson
Gains from Fletcher Building and Pacific Edge weren’t enough to keep the index above the ledger to start the week.  The benchmark S&P/NZX 50 fell 0.15% to 13,208.31 points on Monday, with 31.4 million shares worth $110.2m changing hands. Matt Goodson, the managing director of Salt Funds Management, said high volumes of Fletcher Building stock traded on the Australian Securities Exchange (ASX) had inspired a 4.61% bounce to $3.18.“There was a line of 10.5 million shares crossed in Fletcher Building in Australia."He...

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