MARKET CLOSE: NZ shares rise; Air NZ gains on Virgin sale, Sky TV falls

Fri, 10 Jun 2016

By Sophie Boot June 10 (BusinessDesk) - New Zealand shares rose, led by A2 Milk Co and Air New Zealand, which has sold most of its Virgin Australia stake at a better price than the market expected, while Sky Network Television lost some of yesterday's gains The S&P/NZX50 Index advanced 1.23 points, or 0.02 percent, to 6,971.78. Within the index, 26 stocks rose, 17 fell and seven were unchanged. Turnover was $227.7 million. A2 Milk Co led the index, gaining 4.1 percent to $1.53. It will move onto the ASX 200 Index after the close of tra...

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