MARKET CLOSE NZ shares mixed; Sky City gains on dividend, Summerset falls

Wed, 13 Feb 2013

Feb. 13 (BusinessDesk) – New Zealand shares were mixed; SkyCity Entertainment Group rose after earnings met estimates and it lifted its dividend, while Summerset Group fell amid speculation its biggest shareholder will trim its stake. The NZX 50 Index rose 3.27 points, or 0.1 percent, to 4221.39. Within the index, 24 stocks fell, 19 rose and seven were unchanged. Turnover was $125 million, with Fletcher Building, Telecom and SkyCity dominating trade. SkyCity rose 0.3 percent to $4.01. The casino and hotel group posted a 16 percent decline in...

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