MARKET CLOSE: NZ shares extend gain as A2 buoyed by trade data

Tue, 25 Jun 2019

By Paul McBeth June 25 (BusinessDesk) - New Zealand shares rose for a third day, led by A2 Milk as trade data allayed some concerns over how new Chinese e-commerce rules will be applied. Auckland International Airport hit a record. The S&P/NZX 50 Index increased 29.98 points, or 0.3 percent, to 10,418.29. Within the index, 25 stocks rose, 17 fell, and eight were unchanged. Turnover was $135.7 million. A2 rose 2.7 percent to $14.62, leading the market higher, on a volume of 1 million shares, more than its 90-day volume of 812,000. The...

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