Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »MARKET CLOSE NZ stocks weak, but media shares jump and Fonterra units top $7
New Zealand shares fell as investors continued to take profits, foundation investors in Infratil reduced their holdings, and previously top 50 stocks prepared to leave the index. The NZX 50 fell 20.53 points, or 0.5 percent, to 3974.72. Within the index, 30 stocks fell, 11 rose and nine were unchanged. Turnover was $147.5 million. However, the newly tradable non-voting Fonterra …
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