MARKET CLOSE: NZ shares edge up to new record; Fletcher extends gain

Thu, 17 Aug 2017

By Paul McBeth Aug. 17 (BusinessDesk) - New Zealand shares edged up to a new record as stocks across Asia rose in a relatively quiet earnings day domestically, with Fletcher Building extending its gain after yesterday's result while Skellerup climbed on its increased profit. The S&P/NZX 50 index rose 16.72 points, or 0.2 percent, to 7,870.06, a new record close. Within the index, 30 stocks gained, 14 fell, and six were unchanged. Turnover was $152 million. Stocks across Asia were largely up, with Chinese internet company Tencent Hold...

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