MARKET CLOSE: NZ shares rise as SkyCity gains on guidance, NZ Refining up on margins

Tue, 19 Jan 2016

By Sophie Boot Jan. 19 (BusinessDesk) - New Zealand shares rose on relatively light trading, led by SkyCity Entertainment Group and New Zealand Refining Co which both signalled better earnings outlooks. Diligent Corp, Ryman Healthcare and Goodman Property Trust fell. The S&P/NZX 50 Index advanced 22.8 points, or 0.4 percent, to 6124.21. Within the index, 21 stocks rose, 23 fell and six were unchanged. Turnover was $87 million. SkyCity led the index, rising 7 percent to $4.45, a 20-month high. New Zealand's only listed casino company sa...

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