MARKET CLOSE NZ shares gain on growth outlook; Fletcher, Healthcare, Wynyard rise

Mon, 13 Jan 2014

By Suze Metherell Jan. 13 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to a two-month high, on optimism the market will extend a two-year rally in the face of stronger economic growth. Fletcher Building, Fisher & Paykel Healthcare and Wynyard Group paced the advance. The NZX 50 rose 35.010 points, or 0.7 percent, to 4899.401, the highest since Nov. 19. Within the index, 22 stocks rose, 18 fell and 10 were unchanged. Turnover was about $99 million, returning to pre-Christmas levels as more market participants returned fr...

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