MARKET CLOSE NZ shares mixed; Telecom, Fletcher, Xero gain, Sky TV, SkyCity fall

Wed, 27 Nov 2013

Nov. 27 (BusinessDesk) – New Zealand shares were mixed, with gains in Telecom, Xero and Fletcher Building enough to lift the NZX 50 Index, while more stocks fell, including Sky Network Television and SkyCity Entertainment Group. The NZX 50 rose 8.6 points, or 0.2 percent, to 4799.352. Within the index, 16 stocks rose, 21 fell and 13 were unchanged. Turnover was $186 million and followed record trading yesterday, that was led by stocks included in MSCI indexes. Telecom rose 2.4 percent to $2.305 and Fletcher Building, the biggest company on t...

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