NZX rises for second session in a row, as Synlait reaches new record low
The S&P/NZX 50 Index had a steady afternoon after falling to a morning low of 11,754.73 and closed at 11,880.54, up 13.25 points or 0.11%.
There were 79 gainers and 63 decliners over the whole market on volumes of 37.79 million share transactions worth $181.59m.
Ebos Group dominated the trading with $38.3m worth of shares changing hands after rebounding from its MSCI Large Cap Index removal and gaining 95c or 2.87% to $34.
Synlait Milk fell 4.5c or 10.23% to a new low of 39.5c after telling the market its majority shareholder Bright Dairy is lending $130m to repay bank debt in mid-July.
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