MARKET CLOSE: NZ shares rise as MRP, Meridian, Genesis reach records; Diligent gains

Fri, 07 Nov 2014

By Suze Metherell Nov. 7 (BusinessDesk) - New Zealand shares rose as MightyRiverPower, Genesis Energy and Meridian Energy reached records on their inclusion in international stock indices. Diligent Board Member Services gained after its third quarter sales beat expectations and it lifted full year guidance. The NZX 50 Index rose 15.38 points, or 0.3 percent, to a record close of 5418.99. Within the index, 22 stocks rose, 15 fell and 13 were unchanged. Turnover was a bigger than normal $178 million. The semi-annual review of the MSCI Eq...

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