MARKET CLOSE: NZ shares rise as A2 recovers

Tue, 10 Dec 2019

NZ shares rose as A2 Milk recovered from yesterday's decline on the surprise departure of its chief executive, while blue-chip stocks Ryman Healthcare and F&P Healthcare also booked strong gains. The S&P/NZX50 Index rose by 54.62 points, or 0.5 percent, to 11284.22. Within the index, 18 stocks rose, 18 fell, and 14 were unchanged. Turnover was $167.2 million A2 Milk bounced back from yesterday's decline when it fell as much as 7.7 percent after chief executive Jayne Hrdlicka unexpectedly resigned. The stock rose by 2.4 percent to $14.97...

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