MARKET CLOSE NZ shares gain as SLI listing boosts tech stocks; Xero, Diligent gain

Fri, 31 May 2013

By Paul McBeth May 31 (BusinessDesk) - New Zealand shares gained, paced by tech companies Xero and Diligent Board Member Services, after the 19 percent stag of SLI Systems on debut attracted investors to web-based firms. The NZX 50 index rose 40.84 points, or 0.9 percent, to 4511.35. Within the index, 25 stocks gained, 17 fell and eight were unchanged. Turnover was a bigger than normal $339 million. Gold miner OceanaGold was the biggest gainer on the day, up 7.7 percent to $2.37. Website search engine designer SLI jumped 28 cents to $1.78...

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