MARKET CLOSE: NZ shares eke out gains; Trade Me rises

Wed, 06 Jul 2016

By Jonathan Underhill July 6 (BusinessDesk) - New Zealand shares rose near the close of trading, while many markets across Asia weakened, as Trade Me Group benefitted from an upgrade from Deutsche Bank and trans-Tasman firms such as Westpac Banking Corp fell in step with their ASX-listed shares. The S&P/NZX 50 Index rose 6.24 points, or 0.1 percent, to 6977.23, edging up to a new record close. Within the index and against its minor uplift, 24 stocks fell, 18 rose and eight were unchanged. Turnover was $172 million. Trade Me, the auctio...

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