MARKET CLOSE: NZ shares mixed as Orion Health, Coats rise, Sky TV falls after earnings

Fri, 26 Feb 2016

By Jonathan Underhill Feb. 26 (BusinessDesk) - New Zealand shares were mixed, as Orion Health Group gained from a record low on news of a major US deal and Coats signalled efforts to resolve its pension standoff, while Sky Network Television fell after citing rising costs in a competitive market. The S&P/NZX 50 fell 0.3 points, or 0.01 percent, to 6,224.980. Within the index, 21 stocks rose, 21 fell and eight were unchanged. Turnover was $151 million. The index has gained almost 5 percent in the past two weeks, the heaviest period of earn...

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