MARKET CLOSE: NZ shares gain as Goodman JV sells Auckland precinct, Ryman posts record profit

Fri, 18 May 2018

By Paul McBeth May 18 (BusinessDesk) - New Zealand shares rose as Goodman Property Trust's joint venture with GIC sold seven buildings in downtown Auckland, and as Ryman Healthcare chalked up another record profit. A2 Milk Co and Comvita fell. The S&P/NZX 50 index gained 53.95 points, or 0.6 percent, to 8,657.33. Within the index, 37 stocks rose, six fell and seven were unchanged. Turnover was $128 million. Goodman Property rose 2.2 percent to $1.41. The real estate investor's joint venture with Singapore sovereign wealth fund GIC so...

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