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Sam Trethewey: Milford Asset Management Portfolio Manager on Fletcher Building's strong day on the NZX

Sam Trethewey: Milford Asset Management Portfolio Manager on Fletcher Building's strong day on the NZX

Published 1 year ago
Description

The NZ sharemarket lifted today as Fletcher Building announced it had received inquiries from parties interested in buying its businesses.

The S&P/NZX 50 Index closed up 0.33% or 41.51 points, rising to 12,605.93, with 39,702,689 shares changing hands to the value of $139.77 million.

Milford Asset Management's Sam Trethewey explains further.

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