MARKET CLOSE: NZ shares mixed after Fed result, listed property stocks gain while Sky TV, Ebos drop

Thu, 16 Mar 2017

By Sophie Boot March 16 (BusinessDesk) - New Zealand shares were mixed after the US Federal Reserve followed expectations, with Vista Group Entertainment and Auckland International Airport gaining while Sky Network Television and Ebos Group dropped. The S&P/NZX50 Index rose 20.68 points, or 0.3 percent, to 7,151.98. Within the index, 31 stocks dropped, 18 rose and one was unchanged. Turnover was $128.2 million. Overnight, the US Federal Reserve raised its key interest rate, as had been widely expected, and reiterated that further incre...

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