MARKET CLOSE NZ shares rise; Contact, Fletcher, Telecom up

Wed, 10 Apr 2013

April 10 (BusinessDesk) – New Zealand shares rose as Fletcher Building, Telecom and Contact Energy, the biggest companies on the NZX 50 Index, gained and Restaurant Brands led some retailers higher. The NZX 50 rose 24.85 points, or 0.6 percent, to 4420.06, the first gain in three sessions. Within the index, 28 stocks rose, 15 fell and seven were unchanged. Turnover of $168 million included larger-than- average volumes of F&P Healthcare and Telecom. Fletcher rose 0.8 percent to $8.57 after the company said it would fold Crane Group, the Austr...

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