MARKET CLOSE: Shares flat as A2's decline cancels property gains

MARKET CLOSE: Shares flat as A2's decline cancels property gains
Dan Brunskill
Shares were virtually flat today with a rally in the property sector offset by A2 Milk Company falling for a third consecutive session. The S&P/NZX 50 Index rose 5.19 points, or 0.04 percent, to 11,747.28. Within the index, 28 stocks rose, 20 fell and two were unchanged. Turnover was $257.9 million.Today’s additional 5 points brings the index’s total gain for the third quarter to 2 percent, rounding out a fairly flat three months with trading stalled in a range between 11,500 and 12,000. The index is now up 1.7 percent year...

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