MARKET CLOSE: NZ shares rise as Synlait hits new record; F&P Health gives up gains

Thu, 12 Oct 2017

By Sophie Boot Oct. 12 (BusinessDesk) - New Zealand shares rose as overseas investors continue to chase export-orientated growth stocks, with Synlait Milk and Xero extending gains while taking booking profits from Fisher & Paykel Healthcare's recent rally. The S&P/NZX50 Index edged up 7.14 points, or 0.008 percent, to 8,068.12. Within the index, 28 stocks rose, 13 fell and nine were unchanged. Turnover was $157 million. "The market has certainly taken in its stride post-election - there were a couple of slow trading days but since th...

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