The Markets

NZX50 dips slightly as investors react to Fonterra

Friday 7th of May 2021

The S&P/NZX 50 Index fell 40 points, or 0.17%, to 12,729.92. Market turnover was $125m with 63 stocks rising and 69 declining.

The biggest fall of the day came with investors passing their judgment on what Fonterra’s capital restructuring plans meant for them. Following a two-day trading halt, Fonterra's Shareholders’ Fund unit price fell by 6.52% or 30 cents this af...

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