The Markets

Auckland International Airport shares stumble, all eyes on Fed

Wednesday 14th of June 2023

But even though Auckland International Airport (AIA) and other index heavyweights, like Ebos Group and Fisher & Paykel Healthcare, ended the day lower, the S&P/NZX 50 Index rose 25.8 points, or 0.2%, to 11,678.620. Turnover on the entire market was $180.3 million.

AIA changed its dividend policy to paying between 70% and 90% of underlying profit, having previously targeted 100%....

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