MARKET CLOSE: NZ shares fall as blue chips take a breather; Metlife buoys retirement sector

Fri, 27 Dec 2019

New Zealand shares fell in light holiday trading as blue-chip stocks including Auckland International Airport, Spark New Zealand and A2 Milk ended the day weaker. Retirement village stocks continued to gain with Metlifecare’s takeover one step closer. The S&P/NZX 50 Index decreased 40.66 points, or 0.3 percent, to 11,602.12. Within the index, 24 stocks fell, 18 rose, and eight were unchanged. Turnover was $46.2 million, with just Arvida Group trading on a volume of more than a million shares. The benchmark index was the worst performer am...

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