MARKET CLOSE: NZ shares rise as global markets stabilise; Spark, Sky TV, Fletcher gain

Fri, 15 Jan 2016

By Sophie Boot Jan. 15 (BusinessDesk) - New Zealand shares rose after some stability returned to global markets, though news remains scarce ahead of reporting season. Spark New Zealand, Sky Network Television, and Fletcher Building gained. The S&P/NZX 50 Index climbed 59.81 points, or 1 percent, to 6169.1. Within the index, 36 stocks rose, seven fell and seven were unchanged. Turnover was $95 million. The index rose slightly over the week, having closed at 6158.1 last Friday, despite volatility around the globe pushing the benchmark ar...

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