Following the satisfaction of all substantial conditions of the sale of the retail business to Mercury NZ Limited, Trustpower is pleased to provide a market update - see attached.
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.
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