MARKET CLOSE: NZ shares rise, buoyed by international interest; Synlait, Comvita gain; Sky TV drops

Wed, 18 Oct 2017

By Sophie Boot Oct. 18 (BusinessDesk) - New Zealand shares rose as interest from international investors pushed the benchmark higher for another day, with Synlait Milk and Comvita advancing while Sky Network Television gave up gains. The S&P/NZX50 increased 2.97 points, or 0.04 percent, to 8,115.02. Within the index, 24 stocks rose, 19 fell and seven were unchanged. Turnover was $147 million. "It's our 11th consecutive up day, and our 10th consecutive month, pushed upwards by continuing flows from offshore investors," said Matt Goodso...

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