MARKET CLOSE: NZ shares rise, Air NZ at 16-year high and Restaurant Brands hits record after investor updates

Thu, 01 Jun 2017

By Sophie Boot June 1 (BusinessDesk) - New Zealand shares rose, led by Air New Zealand and Restaurant Brands New Zealand, while Intueri Education Group's shares were suspended as the company went into voluntary administration. The S&P/NZX 50 Index gained 32 points, or 0.4 percent, to 7,450.9. Within the index, 21 stocks rose, 18 fell and 11 were unchanged. Turnover was $143.5 million. Air New Zealand was the best performer, up 5.2 percent to $3.02, the highest it's traded since August 31, 2001. The airline lifted its full-year guidanc...

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