News

NZ shares drop as Air NZ, Ebos fall; F&P Healthcare, Auckland Airport gain

Thursday 23rd of August 2018

The S&P/NZX 50 Index fell 22.47 points, or 0.2 percent, to 9,139.87. Within the index, 26 stocks fell, 20 rose and four were unchanged. Turnover was $115.4 million.

Leading the index lower was Air New Zealand, down 4.3 percent to $3.265. It lifted full-year pre-tax earnings 2.5 percent to $540 million despite significantly higher fuel prices, but the airline is slightly more downbeat...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.