MARKET CLOSE: NZ shares rise as Contact stock changes hands; F&P Healthcare, SkyTV gain

Wed, 05 Aug 2015

By Jonathan Underhill Aug. 5 (BusinessDesk) - New Zealand shares rose, continuing the week's volatile course as Origin Energy sold its Contact Energy stake at a discount, creating one of the busiest days on record for the NZX in terms of turnover. The S&P/NZX 50 Index rose 4.76 points, or 0.1 percent, to 5938.51. Within the index, 20 stocks rose, 20 fell and ten were unchanged. Turnover was $2.1 billion, compared to a daily average in July of $142 million, after Origin Energy raised $1.8 billion in a bookbuild for its stake at $4.65 a sha...

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