MARKET CLOSE NZ shares gain with ASX rebound; Fletcher, OceanaGold rise

Tue, 02 Jul 2013

July 2 (BusinessDesk) – New Zealand shares rose after a strong rebound in the Australian market helped lift companies with significant business across the Tasman, including Fletcher Building. OceanaGold surged after spot gold rebounded from a three-year low. The NZX 50 Index gained 40.203 points, or 0.9 percent, to 4458.254. Within the index, 31 stocks rose, 14 fell and five were unchanged. Turnover was $93 million. Australia’s S&P/ASX 200 Index was up 2.2 percent in afternoon trading after the central bank kept its cash rate at 2.75 percent...

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