MARKET CLOSE: NZ shares bounce back up, Metro Glass gains while Contact falls

Wed, 30 Aug 2017

By Sophie Boot Aug. 30 (BusinessDesk) - New Zealand shares gained, bouncing after yesterday's selling, with Metro Performance Glass leading the index up while Contact Energy dropped. The S&P/NZX50 Index rose 36.86 points, or 0.5 percent, to 7,775.2. Within the index, 33 stocks rose, 11 fell and six were unchanged. Turnover was $122 million. "The market has rebounded a little after yesterday's risk-off-the-table event with North Korea, we've seen it gradually get stronger during the day," said Peter McIntyre, investment adviser at Crai...

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