MARKET CLOSE NZ shares gain; Wynyard, Xero lead tech advance

Wed, 08 Jan 2014

Jan. 8 (BusinessDesk) – New Zealand shares rose as intelligence software firm Wynyard Group rallied for a second day, leading gains among tech stocks perceived to have strong growth prospects, including Xero, SLI Systems, Snakk Media and GeoOp. The NZX 50 Index gained 20.179 points, or 0.4 percent, to 4779.804. Within the index, 26 stocks rose, 19 fell and five were unchanged. Turnover was $75 million. Wynyard Group climbed 11 percent to a record-high close of $1.48, adding to a 12 percent gain yesterday, when the company said United Arab Em...

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