NZ shares take a breather after hitting a fresh record

NZ shares take a breather after hitting a fresh record
Jenny Ruth
By Jenny Ruth July 24 (BusinessDesk) - New Zealand shares were mixed after five successive daily gains with leading stocks A2 Milk, Fisher & Paykel Healthcare and Ryman Healthcare surrendering some of their recent gains. The S&P/NZX 50 Index fell 54.71 points, or 0.5 percent to 10,812.54. Earlier in the day, the index hit a fresh record at 10,892.01. Within the index, 17 stocks increased, 9 were unchanged and 24 fell. Turnover was light at $98.05 million. “It’s just reversing some of the last few days’ meteoric gains,” says David Pr...

More Markets

NZ sharemarket up 0.3% after three falls
Markets Market close

NZ sharemarket up 0.3% after three falls

The S&P/NZX 50 Index closed at 12,761.35, gaining 37.98 points or 0.3%.

Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

ForBarr raises Hallenstein Glasson target price 20%
Retail

ForBarr raises Hallenstein Glasson target price 20%

The outlook in the golden country is golden, they say.