MARKET CLOSE NZ shares rise; Fonterra up before results, Ryman gains

Tue, 26 Mar 2013

March 26 (BusinessDesk) – New Zealand shares rose, with units of the Fonterra Shareholders’ Fund gaining ahead of company’s interim results tomorrow, while Ryman Healthcare, rated outperform by analysts, rose to a record. The NZX 50 Index rose 5.29 points, or 0.1 percent, to 4346.02. Within the index, 23 stocks gained, 20 fell and seven were unchanged. Turnover was $117 million. Fonterra units rose 1.4 percent to $7.05, having slipped 3.6 percent this year. Investors will be looking for comments from the nation’s biggest company on the outlo...

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