MARKET CLOSE: NZ shares rise as Infratil and Z gain; Tourism Holdings, Fisher & Paykel drop

Fri, 13 Jul 2018

By Sophie Boot July 13 (BusinessDesk) - New Zealand shares gained in light trading, led higher by Infratil and Z Energy, while Tourism Holdings and Fisher & Paykel Healthcare Corp fell. The S&P/NZX50 Index rose 38.7 points, or 0.4 percent to 9,024.19. Within the index, 30 stocks rose, 12 fell and eight were unchanged. Turnover was $84.3 million. "It's still school holidays, and Fridays tend to be pretty quiet - this is no different," said David Price, a broker at Forsyth Barr. Infratil lead the index higher, up 2 percent to $3.405....

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