MARKET CLOSE: NZ shares gain, Freightways and Sky TV rise while Gentrack, Ebos drop

MARKET CLOSE: NZ shares gain, Freightways and Sky TV rise while Gentrack, Ebos drop
Sophie Boot
By Sophie Boot July 31 (BusinessDesk) - New Zealand shares gained, led higher by Freightways and Sky Network Television as the market remains quiet ahead of earnings season. The S&P/NZX50 Index rose 0.71 points, or 0.008 percent, to 8,922.09. Within the index, 24 stocks rose, 19 fell and seven were unchanged. Turnover was $123.2 million. Mark Lister, head of private wealth research at Craigs Investment Partners, said the local market was waiting for the reporting season to begin. That kicks off at the end of next week with Skycity Ente...