MARKET CLOSE: NZ shares gain, Auckland Airport, SkyCity and Moa rally while Comvita drops

Tue, 19 Jul 2016

By Sophie Boot July 19 (BusinessDesk) - New Zealand shares hit another record high in light turnover, with Auckland International Airport, SkyCity Entertainment Group and Moa Group gaining, while Comvita fell. The S&P/NZX 50 rose 48.88 points, or 0.7 percent, to 7.154.83. Within the index, 24 stocks rose, 14 fell and 13 were unchanged. Turnover was $129 million. "The market's pretty quiet, albeit there have been some large lines going through, which appear to be a portfolio - it could be the loss of a mandate or an asset allocation, bu...

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