MARKET CLOSE NZ shares gains as risk appetite lifts; Xero, Diligent, Ryman rise

Mon, 22 Jul 2013

July 22 (BusinessDesk) – New Zealand shares rose, paced by some of this year’s strongest performers such as Xero, Diligent Board member Services and Ryman Healthcare, amid signs investors are regaining their appetite for risk as US earnings season generally doesn’t disappoint. The NZX 50 Index rose 15.735 points, or 0.3 percent, to 4554.041. Within the index, 29 stocks rose, 13 fell and eight were unchanged. Turnover was a lower-than-average $58.5 million, with some trading operations disrupted by the Wellington earthquake. OceanaGold, the o...

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