MARKET CLOSE: NZ shares rise; Chorus, Comvita gain, Property for Industry falls

Wed, 08 Mar 2017

By Sophie Boot March 8 (BusinessDesk) - New Zealand shares rose in a trading day that started late because of a technical glitch at the exchange. Chorus, Comvita and Contact Energy gained while Property for Industry dropped. The S&P/NZX50 Index gained 10.6 points, or 0.1 percent, to 7,178.23. Within the index, 26 stocks rose, 16 fell and eight were unchanged. Turnover was $150 million. The stock market opened late after IT connection problems caused an hour-and-a-half delay. The late start was due to problems in Wellington-based NZX's...

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