MARKET CLOSE: NZ shares rise; Fletcher gains on consents; F&P soars to 8-year high

Fri, 06 Jun 2014

By Suze Metherell June 6 (BusinessDesk) - New Zealand stocks rose as Fletcher Building climbed to a two-week high on government data showing building activity was growing at its fastest pace in over a decade. Fisher & Paykel Healthcare touched an intraday record. The NZX 50 Index rose 22.947 points, or 0.4 percent to 5182.437. Within the index, 21 stocks rose, 22 fell and seven were unchanged. Turnover was $128.8 million. Fletcher Building, New Zealand's largest listed company, advanced 3 percent to $9.19, its highest since May 26. Thi...

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