MARKET CLOSE NZ shares mixed; Tower gains, Port of Tauranga falls

Tue, 28 May 2013

May 28 (BusinessDesk) – New Zealand shares were mixed, leaving the NZX 50 Index little changed, as investors welcomed Tower’s plans to return more capital and companies leading the recent rally, such as Ryman Healthcare, came off their highs. The NZX 50 rose 0.051 points, for a negligible percentage move, to 4478.25. Within the index, 23 stocks fell, 20 rose and seven were unchanged. Turnover was a lower-than-average $84 million, as a Monday holiday in the US kept markets relatively quiet. Tower rose 8.8 percent to $1.85, having declined alm...

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