MARKET CLOSE NZ shares rebound; Vital Healthcare up on small placement

Wed, 26 Jun 2013

June 26 (BusinessDesk) – New Zealand shares rallied back from a three-month low, as equity markets recovered from Tuesday’s selloff after better US economic figures. Vital Healthcare bounced back after it detailed a smaller rights offer than some had feared. The NZX 50 Index rose 76.613 points, or 1.8 percent, to 4393.606. Within the index, 39 stocks rose, seven fell and four were unchanged. Turnover was about $120 million. Vital Healthcare rose 9.3 percent to $1.35. The medical and healthcare property investor to announced details of a one-f...

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