MARKET CLOSE: NZ shares gain; A2, Kiwi Property rise, Hallenstein, retailers fall

Fri, 05 Feb 2016

By Jonathan Underhill Feb. 5 (BusinessDesk) - New Zealand shares rose, led by milk marketer A2 Milk Co and Air New Zealand, although the value of trading continued to be relatively light as volatility in world markets and commodities kept some investors on the sidelines. Hallenstein Glasson dropped after posting weaker first-half profit and most retailers fell. The S&P/NZX 50 Index rose 16.09 points, or 0.3 percent, to 6,153.80. Within the index, 25 stocks gained, 14 fell and 11 were unchanged. Turnover was about $124 million. Volatile...

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