MARKET CLOSE: NZ shares hit fresh high; Orion, Spark gain while Fonterra Fund drops

Wed, 23 Mar 2016

By Sophie Boot March 23 (BusinessDesk) - New Zealand shares edged to a fresh record high, with Orion Health Group and Spark New Zealand leading the index as investors shrugged off fears the Belgium terror attacks would weigh on the market. The S&P/NZX50 Index rose 4.6 points, or 0.1 percent, to 6,668.87. Within the index, 21 stocks rose, 21 fell and eight were unchanged. Turnover was $159 million. The local bourse has gained about 7 percent so far this month, and has more than regained its losses suffered at the start of the year whe...

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