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Market report 7.11.19



The NZ sharemarket did well in  advancing by 35.88 points to 10,795.06 today during a fairly listless week for most markets.  Fonterra SF traded level today after the co-operative’s AGM heard more details of the season payout. Mainfreight is due to release half year results this week and the share price is indicating a slower rate of growth, falling 28c today to $39.61. Milk stocks were divided, a2 Milk pushing 27c higher to v$12.57 but Synlait in retreat, down 22c to $9.03. Trustpower dived 26c to $8. South Port NZ’s AGM tomorrow may bring commentary on the Tiwai Pt issue; the share price fell 26c today at $7.10. EBOS fell 20c at $25.25, Colonial Motors 10c at $8.70. THL 11c to $3.35 and Scales 9c to $5.30. Summerset rose 8c at $6.71, Spark 7c to $4.45 and Ryman 10c at $13.25. Pushpay marked another gain, up 13c to $3.42 on its results yesterday. Delegat out on 25c at $11.50, Auckland Airport 13.5c at $9.27.

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