MARKET CLOSE: NZ shares rise before Brexit vote, led by Vital, Summerset; Nuplex drops

Thu, 23 Jun 2016

By Sophie Boot June 23 (BusinessDesk) - New Zealand shares rose as markets speculated the UK will vote to remain in the European Union. Vital Healthcare Property Trust and Summerset Group gained, while Nuplex Industries dropped as its acquisition by Allnex may be delayed The S&P/NZX 50 Index gained 39.6 points, or 0.6 percent, to 6,821.35. Within the index, 23 stocks rose, 17 fell and 10 were unchanged. Turnover was $122.3 million. "There seems to be a bit more volume on the buy side - investors may be thinking that although the polls...

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