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...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}