MARKET CLOSE: NZ shares gain, led by A2, Infratil, Contact Energy

Mon, 16 Jan 2017

By Sophie Boot Jan. 16 (BusinessDesk) - New Zealand shares rose, with A2 Milk Co and high-yielding stocks such as Contact Energy and Genesis Energy gaining, with market activity still quiet ahead of February's reporting season. The S&P/NZX50 Index rose 27.97 points, or 0.4 percent, to 7,074.94. Within the index, 28 stocks rose, 14 fell and eight were unchanged. Turnover was $85 million. "I suspect a lot of fund managers and investors are still drifting back into the office this week," said Mark Lister, head of private wealth research a...

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