Shares flat as utilities soar while A2 plunges

The S&P/NZX 50 Index rose 5.21 points, or 0.04 percent, to 11,802.29. Within the index, 28 stocks rose, 15 fell and seven were unchanged. Turnover was $162.2 million.

Electricity stocks surged after Prime Minister Jacinda Ardern said she would offer Rio Tinto a discounted transmission price to keep the Tiwai Point aluminium smelter open for another three-to-five years...