MARKET CLOSE: NZ shares rise as turnover improves; Trade Me, NZ Refining, MRP gain, Metro Glass falls

Tue, 12 Jan 2016

By Sophie Boot Jan. 12 (BusinessDesk) - New Zealand shares rose for the first time this year, stabilising as turnover strengthened, with Trade Me Group, New Zealand Oil Refining Co, and Mighty River Power gaining while Metro Performance Glass fell. The S&P/NZX 50 Index rose 9.5 points, or 0.2 percent, to 6112.34. Within the index, 22 stocks were up, 18 down and 10 were unchanged. Turnover was $114 million. The index has previously fallen every trading day since the start of 2016, shedding 3.5 percent over five days at yesterday's close...

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