MARKET CLOSE NZ shares eke out gains; Ryman, Xero at record

Mon, 08 Jul 2013

July 8 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to the highest close since late May, as Ryman Healthcare resumed its gains to a new record and Xero continued to draw investors betting on its global expansion plans. The NZX 50 rose 3.433 points, or 0.1 percent, to 4493.297. Within the index, 27 stocks rose, 18 fell and five were unchanged. Turnover was a lower-than-average $75 million. Ryman, the retirement village operator that had sold off from its previous highs of May as some investors sold the stock to pocket ga...

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