Sanford leads NZ shares lower

Wed, 10 Feb 2021

Fishery company Sanford led New Zealand’s benchmark equity index lower as the local share market continued to roll downhill into earnings season. The S&P/NZX 50 Index fell 97.66 points, or 0.8 percent, to 12,830.03. Within the index, 28 stocks declined, 14 rose and eight were unchanged. Turnover was $138.4 million.One-hundred-year-old fishing firm Sanford had the day’s biggest fall, after running into trouble with China's customs authority.The customs authority suspended imports from a Sanford site after it raised &ldq...

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