MARKET CLOSE: NZ shares rise, Comvita and Fletcher gain while Tourism Holdings, NZX fall

Mon, 06 Aug 2018

By Sophie Boot Aug. 6 (BusinessDesk) - New Zealand shares rose in light trading, led higher by Comvita and Fletcher Building with PGG Wrightson jumping to a two-month high. The S&P/NZX50 Index gained 38.61 points, or 0.4 percent, to 8,903.13. Within the index, 25 stocks rose, 13 were unchanged and 12 fell. Turnover was $65.5 million. "With part of the Australian market off with a New South Wales holiday, it has seen a few participants out of the market today. We had a strong lead off the US and European markets, the Asian markets seem...

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