Market close: Market eases after a strong afternoon of trading

A2 rose about 10% towards the end of the day. (Image: NZME)

Fri, 27 Sep 2024

Global marketer a2 Milk brought end-of-week excitement to the New Zealand sharemarket, rising more than 10% and then going into a trading halt as it finalises a potential acquisition.After strong afternoon trading, the S&P/NZX 50 eased late in the day and closed at 12,457.451, down 34.17 points or 0.27%. The index was flat for the week but is ahead nearly 6% for the year.There was continued heavy trading with 50.39 million shares worth $210.92 million changing hands.During the morning a2 Milk rose 69c or 11.31% to $6.79 after reaching a hig...

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