MARKET CLOSE NZ shares gain, OceanaGold bounces back, Trade Me at record

Tue, 26 Feb 2013

Feb. 26 (BusinessDesk) – New Zealand shares rose as OceanaGold bounced back on optimism it will resolve a tax dispute in the Philippines and auction Trade Me gained to a record. The NZX 50 Index rose 12.47 points, or 0.3 percent, to 4238.91. Within the index, 21 stocks rose, 19 fell and 10 were unchanged. Turnover was a higher-than-average $165 million, led by trading in Telecom, Fletcher Building and Auckland International Airport. OceanaGold rose 8.7 percent to $3. Yesterday the miner said transportation of copper-gold concentrate from it...

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