MARKET CLOSE NZ shares rise as Pumpkin Patch, Diligent bounce back

Wed, 17 Jul 2013

July 17 (BusinessDesk) – New Zealand shares rose, led Pumpkin Patch as the retailer clawed back a small portion of this year’s 34 percent slide, while Diligent Board Member Services rose after telling the NZX yesterday that it knew of no reason for its recent slide. The NZX 50 Index rose 2.425 points, or 0.1 percent, to 4578.97. Within the index, 26 stocks rose, 12 fell and were unchanged. Turnover was $94.9 million. Pumpkin Patch, the children’s clothing chain, jumped 8.5 percent to 89 cents. The stock hit an 18-month low late last month w...

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