MARKET CLOSE NZ shares mixed as Hallenstein slips, Sky TV gains, Meridian looms

Thu, 26 Sep 2013

Sept. 26 (BusinessDesk) – New Zealand shares were mixed, keeping the NZX 50 Index at a record high as Sky Network Television continued to benefit from inclusion in Australia’s benchmark index and Hallenstein Glasson Holdings led retailers lower after posting weaker earnings. The NZX 50 rose 0.75 points, or 0.02 percent, to 4765.473. Within the index, 19 stocks rose, 21 fell and ten were unchanged. Turnover was a higher-than-average $155 million, with some trading likely to be investors freeing up funds ahead of the Meridian Energy float next...

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