MARKET CLOSE: NZ shares gain as market cheers Fletcher plans, Sky TV, A2, Auckland Airport rise

By Jonathan Underhill
June 21 (BusinessDesk) - New Zealand shares rallied, pushing the S&P/NZX 50 Index to a record after Fletcher Building detailed its five-year strategy and affirmed guidance. Sky Network Television, A2 Milk, Auckland International Airport and Fisher & Paykel Healthcare rose.
The S&P/NZX 50 Index rose 92.99 points, or 1 percent, to 8,998.78. Within the index, 22 stocks rose, 19 fell and nine were unchanged. Turnover was $123 million.
Fletcher rose 4.2 percent to $6.88 after chief executive Ross Taylor set out his fiv...
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