MARKET CLOSE NZ shares mixed; Sky TV falls, retailers, Metlifecare gain

Mon, 25 Nov 2013

Nov 25 (BusinessDesk) – New Zealand shares were mixed, with the NZX 50 Index falling though more stocks rose. Sky Network Television led decliners while Kathmandu led a bounce by some consumer companies and the sale of a stake in Metlifecare was concluded. The NZX 50 slipped 4.123 points, or 0.1 percent, to 4813.880. Within the index, 19 stocks fell, 20 rose and 11 were unchanged. Turnover of $693 million included $563 million of Metlifecare. Sky TV, the nation’s dominant pay-TV company, fell 2.9 percent to $5.80. The shares are rated a ‘hold...

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