MARKET CLOSE: NZ shares climb as NZX50 gains 4.3% in September quarter

Fri, 28 Sep 2018

By Paul McBeth Sept. 28 (BusinessDesk) - New Zealand shares rose in the final day of the quarter, led higher by blue-chip stocks such as Spark New Zealand and Ryman Healthcare. The S&P/NZX 50 gained 64.66 points or 0.7 percent, to 9,351.06. Within the index, 28 stocks rose, 12 fell and 10 were unchanged. Turnover was $182 million. The benchmark index rose 4.3 percent in the quarter, following a 7.5 percent gain in June. So far this year the NZX 50 is up 11 percent, outperforming its peers across Asia. "It's not bad - nowhere near...

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