MARKET CLOSE: NZ shares rise as A2 hits new record, Metro Glass recovers; Z Energy falls

Wed, 04 Oct 2017

By Sophie Boot Oct. 4 (BusinessDesk) - New Zealand shares gained, led higher by A2 Milk Co hitting a new record and Metro Performance Glass extending its recovery from a record low this week. The S&P/NZX50 Index rose 16.27 points, or 0.2 percent, to 7,949.69. Within the index, 26 stocks rose, 20 fell and four were unchanged. Turnover was $153 million. "At the moment, there's very limited corporate news and no real driver," said David Price, a broker at Forsyth Barr. "A lot of the stuff happening at the moment really is programme flow,...

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