NZ sharemarket down 0.1%, but Auckland International Airport up 11c

NZ sharemarket down 0.1%, but Auckland International Airport up 11c
Auckland airport's revenue cut did not deter investors. (Image: Getty)
Graham Skellern
Auckland International Airport made a handy gain despite lowering its landing charges, while the New Zealand sharemarket opened the week with a small fall.The S&P/NZX 50 Index opened stronger but couldn’t maintain the pace on lighter trading and closed at 12,270, down 17.46 points or 0.14% – after reaching an intraday high of 12,287.46.There were 46.96 million share transactions worth $252.43m, dominated by the Auckland airport with 16.22m shares worth $132.63m changing hands as passive investment funds rebalance their port...

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