MARKET CLOSE: NZ shares rise, Contact, Port of Tauranga gain, NZX drops on earnings

Tue, 14 Feb 2017

By Sophie Boot Feb. 14 (BusinessDesk) - New Zealand shares gained, with Port of Tauranga, Metlifecare and Contact Energy rising, while stock market operator NZX dropping after posting its earnings. The S&P/NZX 50 Index advanced 15.39 points, or 0.2 percent, to 7,150.89. Within the index, 26 stocks rose, 17 fell and seven were unchanged. Turnover was $126.93 million. "It's a bit of a continuation of a theme - some good strong days offshore, we've followed most of the day, so it's a broad-brush rise today," said David Price, broker at Fo...

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