MARKET CLOSE: NZ shares mixed as blue-chips NZ Refining, Fletcher, Spark buoy broader market

Mon, 16 Oct 2017

By Paul McBeth Oct. 16 (BusinessDesk) - New Zealand shares edged higher as blue-chip stocks including New Zealand Refining, Fletcher Building, and Spark New Zealand helped buoy the market, offsetting declines from half the benchmark index. The S&P/NZX 50 index increased 1.41 points, or 0.02 percent, to 8090.73. Within the index 18 stocks gained, 25 declined, and seven were unchanged. Turnover was $155 million. Long-standing companies led the index higher, with NZ Refining gaining 2 percent to $2.55, Fletcher increasing 1.7 percent to...

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