NZ shares flat but THL bounces on profit upgrade

NZ shares flat but THL bounces on profit upgrade
Dan Brunskill
New Zealand shares moved sideways with a trading update from Tourism Holdings and Oceania Healthcare’s annual general meeting giving investors something to trade on. The S&P/NZX 50 Index fell 11.93 points, or 0.1%, to 12,586.89 with the majority of stocks declining. Turnover was $141.6 million.Movements in offshore markets were subdued overnight with limited moves across equity, bond and currency markets. NZ’s share market was split between gainers and decliners, with Tourism Holdings making the largest move as it clim...