MARKET CLOSE NZ shares rise as equity markets rebound; NZOG, Chorus, OGC gain

Fri, 28 Jun 2013

June 28 (BusinessDesk) – New Zealand shares rose on the last trading day of the second quarter, joining an Asia-wide rally after better economic data out of the US and Japan. NZ Oil & Gas, Chorus, Restaurant Brands and OceanaGold led the advance. The NZX 50 Index fell 23.212 points, or 0.5 percent, to 4440.173. Within the index, 36 stocks rose, nine fell and five were unchanged. Turnover was $100 million. OceanaGold, the gold miner, rose 2.9 percent to $1.44 after saying it will put off production at its Reefton mine, putting it into care and...

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