MARKET CLOSE: NZ shares extend strong start to 2020 as blue chips gain

Fri, 17 Jan 2020

New Zealand shares continued their strong start to the decade, with a raft of blue-chip stocks leading the benchmark index higher. Gentrack bounced back from its sharp sell-off in recent days.The S&P/NZX 50 Index rose 62.35 points, or 0.5 percent, to 11,800.21. Within the index, 30 stocks rose, 15 fell and five were unchanged. Turnover was $122.3 million.The New Zealand and Australian stock markets were the best performers across Asia, with the S&P/ASX 200 Index up 0.5 percent in afternoon trading. Stock markets have been buoyed this we...

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