NZ sharemarket up 0.4% after a2 Milk surge

NZ sharemarket up 0.4% after a2 Milk surge
(Image: Getty)
Graham Skellern
Global marketer a2 Milk surged more than 7% on new China family policy, while the New Zealand sharemarket finished a volatile week with a strong bounce.Led by a2 Milk, the S&P/NZX 50 Index picked up in the afternoon and closed at 12,266.25, gaining 57.2 points or 0.47%. The index was down 1% for the week and has fallen 6.4% for the year to date.Volumes were again solid, with 36.26 million shares worth $160.45m changing hands.US market correctionInfant milk formula supplier a2 Milk increased 62c or 7.02% to $9.45 after Chinese governmen...

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