Market close: Fonterra emerges from trading halt with big dip 7 May, 2021 05:38 AM 4 minutes to read Fonterra Shareholders' Fund fell 30c or 6.52 per cent to $4.30. Photo / File NZ Herald By: Graham Skellern A quiet New Zealand sharemarket caught the end-of-week Fridayitis and closed with a small loss on light trading – and a2 Milk took another dip. The S&P/NZX 50 Index was down 21.74 points or 0.17 per cent to 12,729.92, after trading in a narrow range with an intraday low of 12,699.67. There were 63 gainers and 68 decliners over the whole market of 186 stocks on volume of 36.41 million share transactions worth $124.39 million. Matt Goodson, managing director of Salt Funds Management, said it was a fairly directionless day. There were some flows into (Smartshares) passive investment funds earlier in the week and now it's pretty quiet.