Fonterra unit prices regain lost ground

The price of Fonterra units have recovered all the ground lost as as result of the weekend's formula contamination scare.

The units, which give non-farming investors access to Fonterra's dividends, last traded at $7.12 - level with where they closed last Friday, before the news broke.

The units slumped by 8.7 per cent to $6.50 on Monday, where they attracted heavy buying interest from Australian institutions.

 

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