MARKET CLOSE Fonterra holds up as NZX50 cracks 4,200

Mon, 28 Jan 2013

Jan 28 (BusinessDesk) – New Zealand shares rose again today, cracking through the 4,200 mark on the NZX50 Index of leading stocks, as Fonterra fought a global media blitz to allay concerns about the safety of New Zealand milk. The NZX50 closed up 4.616 points, or 0.11 percent, at 4,2204.437. Within the index, 25 stocks rose, 14 fell, and 11 were unchanged. Turnover was very light on a day when markets in Auckland and Australia were shut for public holidays, at $43.830 million. Leading the market up was transport and logistics firm Freightway...

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