MARKET CLOSE: NZ shares rise as Asia picks up alongside oil prices; Sky TV, Fisher & Paykel, Trade Me gain

Fri, 22 Jan 2016

By Sophie Boot Jan. 22 (BusinessDesk) - New Zealand shares rose with markets across Asia picking up after a rebound in oil prices. Sky Network Television, Fisher & Paykel Healthcare and Trade Me Group gained. The S&P/NZX 50 index advanced 40.72 points, or 0.7 percent, to 6121.62. Within the index, 21 stocks rose, 19 fell and 10 were unchanged. Turnover was $88 million. Sky TV led the index, rising 4.7 percent to a three-week high $4.45. The stock has fallen 26 percent in the past 12 months as it battles with the increasing popularity o...

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