MARKET CLOSE: NZ shares fall as A2 hits 7-month low; Spark still defies naysayers

Tue, 24 Sep 2019

By Victoria Young Sept. 24 (BusinessDesk) - New Zealand shares fell, as a seven-month low for A2 Milk outweighed the revival in appetite among investors for high-yielding stocks such as Meridian Energy and Chorus. The S&P/NZX 50 Index fell 14.62 points, or 0.1 percent, to 10,873.33. Within the index, 21 stocks fell, 26 rose and three were unchanged. Turnover was $102.1 million with four stocks trading on volumes of more than a million shares. A2 led the market lower, down 3.1 percent at $13.28 on a volume of 608,000 shares, less than...

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