NZX 50 gains 0.74%, overcomes a2 Milk slip

NZX 50 gains 0.74%, overcomes a2 Milk slip
The a2 Milk Company shares fell 3.68%. (Image: Supplied)
Gregor Thompson
The New Zealand stock market ended the day above the ledger despite a trading update in China souring The a2 Milk Company's share price. The benchmark S&P/NZX 50 recovered early losses, finishing up 0.74% on 12,859.02 points. About 41 million shares changed hands, worth $170.6m.Salt Funds managing director Matthew Goodson said the market “felt stronger under the hood” than it seemed on the surface. “We are starting to see some of the KiwiSaver tax credits invested in the market this month, and it feels like s...

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