The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
Forsyth Barr says a premium valuation is now warranted.
The only worst performer is the Norwegian krone.
The private equity bid shows the company’s future is still anyone’s guess.
The S&P/NZX 50 Index closed at 12,396.27, down 134.72 points or 1.08%.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details