4 Dec 2012

Fonterra's shares continue to climb

7:11 am on 4 December 2012

Share prices in Fonterra's new investment fund continued to rise on Monday after a solid start on the NZX.

The Shareholder's Fund launched on Friday at $5.50 a unit, hit $6.66 on opening and ended the day on $6.85.

On Mondah, they closed up five cents at $6.90, with some eight million shares changing hands on turnover of about $57 million.

The fund gives outsiders the chance to access the dairy co-operative's profits for the first time.