MARKET CLOSE: NZ shares rise as upbeat Wall St bolsters A2, blue chips

Tue, 27 Nov 2018

By Paul McBeth Nov. 27 (BusinessDesk) - New Zealand shares followed Wall Street higher as global events remain top of mind for investors, underpinning growth stock A2 Milk Co and blue-chip firms such as Spark New Zealand and Fletcher Building. The S&P/NZX 50 index increased 11.45 points, or 0.1 percent, to 8,673.82. Within the index, 16 stocks gained, 25 fell and nine were unchanged. Turnover was $136.3 million. Stocks across Asia largely followed Wall Street's cues as the outlook for US interest rates and trade tensions between the...

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