MARKET CLOSE: NZ shares get further lift from positive offshore markets

Thu, 17 Jan 2019

By Rebecca Howard Jan. 17 (BusinessDesk) - New Zealand shares rose as sentiment continued to benefit from positive offshore leads. Genesis Energy, A2 Milk and Synlait Milk gained. The S&P/NZX 50 index rose 50.37 points, or 0.6 percent, to 9,077.81. Within the index, 26 stocks rose, nine were unchanged and 15 fell. Turnover was $118.7 million. Overnight, strong earnings from Bank of America Corp and Goldman Sachs Group boosted investor sentiment. The Dow Jones Industrial Average added 0.6 percent while the S&P 500 and the Nasdaq Compos...

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