MARKET CLOSE: NZ shares rise as reporting season runs, TradeMe, A2, ANZ gain

Wed, 17 Feb 2016

By Sophie Boot Feb. 17 (BusinessDesk) - New Zealand shares rose as a busy reporting day generated wild movements in some stocks. Trade Me Group, a2 Milk Co and Australia and New Zealand Banking Group gained. The S&P/NZX 50 Index advanced 10.2 points, or 0.2 percent, to 6085.56. Within the index, 24 stocks rose, 19 fell and seven were unchanged. Turnover was $217 million. "Results season is in full swing, and it's created quite wild swings in those companies that have reported," said James Lindsay, senior portfolio manager at Nikko Ass...

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