MARKET CLOSE NZ shares mixed; Xero tops $30, NZX 50 slips from record

Mon, 04 Nov 2013

Nov. 4 (BusinessDesk) – New Zealand shares were mixed, with the NZX 50 Index slipping from a record high, while Xero rose above $30, leading a rally in companies seen with strong growth potential, including A2 Corp, Diligent Board Member Services and GeoOp. The NZX 50 fell 3.156 points, or 0.01 percent, to 4910.676. Within the index, 18 stocks fell, 24 rose and seven were unchanged. Turnover was $112 million. Fletcher Building fell 2.3 percent to $9.60 and as the biggest company on the NZX 50, helped drag the benchmark index lower. Trade Me...

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