MARKET CLOSE: NZ shares follow Wall St higher; Warehouse, Xero gain

Mon, 06 Oct 2014

By Suze Metherell Oct. 6 (BusinessDesk) - New Zealand stocks rose, led by Warehouse Group, following Friday's rally on Wall Street as jobs data boosted confidence in the world's largest economy's recovery. Summerset Group Holdings gained on its third quarter sales. The NZX 50 Index edged up 4.32 points, or 0.08 percent, to 5241.314. Within the index, 26 stocks rose, 13 fell and 11 were unchanged. Turnover was a lighter-than-usual $69 million as Australia's largest state, New South Wales, had a public holiday, while markets in India, the P...

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