MARKET CLOSE: NZ shares chart record high as TradeMe, Contact, Vector rise, Spark drops

Wed, 20 Apr 2016

By Sophie Boot April 20 (BusinessDesk) - New Zealand's benchmark S&P/NZX 50 Index hit another record , led by Trade Me Group, Contact Energy and Vector while Spark New Zealand fell from a nine-year high. The S&P/NZX 50 Index gained 28.23 points, or 0.4 percent, to 6,901.27. Within the index, 27 stocks rose, 20 fell and two were unchanged. Turnover was $158.3 million. "The market's had another pretty good day today with confidence driven from offshore markets - we're ticking along quite nicely," said Grant Williamson, director at Hamilt...

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