MARKET CLOSE: NZ shares climb to new record as a2 rally continues, Ryman earnings impress

Mon, 23 Nov 2015

By Paul McBeth Nov. 23 (BusinessDesk) - New Zealand shares rose to a new record close, led by a2 Milk Co as Australian investors continued to back growing demand for the milk marketer's infant formula, and as Ryman Healthcare extended its rally from upbeat earnings last week. The S&P/NZX 50 index rose 69.1 points, or 1.2 percent, to 6,077.62, outperforming other markets across Asia. Within the index, 41 stocks gained, four declined, and five were unchanged. Turnover was $170.2 million. A2 Milk led the benchmark index high, jumping 11...

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