MARKET CLOSE: NZ shares rise; Comvita gains as honey definition mooted, SkyCity up

Tue, 11 Apr 2017

By Jonathan Underhill April 11 (BusinessDesk) - New Zealand shares rose, with Comvita recovering some ground after last week's slump as the government proposed a definition of manuka honey. Tourism Holdings, SkyCity Entertainment Group and Arvida Group were among leading gainers. The S&P/NZX 50 Index rose 15.52 points, or 0.2 percent, to 7,254.38. Within the index, 31 stocks gained, 10 fell and nine were unchanged. Turnover was $139 million, of which $31 million was trading in Spark New Zealand shares. The benchmark index reached a six-mo...

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