MARKET CLOSE: NZ shares rise; Ebos, Comvita, Spark gain, F&P Healthcare falls

Thu, 25 Aug 2016

By Jonathan Underhill Aug. 25 (BusinessDesk) - New Zealand shares rose, led by Ebos Group, Comvita and Spark New Zealand on optimism the earnings season is heralding a favourable outlook. Exporter F&P Healthcare fell as the kiwi dollar traded above 73 US cents. The S&P/NZX 50 Index gained 16.98 points, or 0.2 percent, to 7427.28. Within the index, 26 stocks fell, 18 rose and seven were unchanged. Turnover was $169 million. Ebos rose 2.4 percent to $17.60 after posting a 20 percent gain in full-year profit on revenue that reached $7.1...

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