MARKET CLOSE NZ shares rise in global rally, led by Chorus

Fri, 07 Feb 2014

By Suze Metherell Feb. 7 (BusinessDesk) - New Zealand shares rose today, as the local market caught up after yesterday’s holiday, joining on a global wave of positive sentiment. Chorus led gainers. The NZX 50 index gained 32.845 points, or 0.7 percent, to 4840.788. Within the index 28 stocks rose, 12 fell and 10 were unchanged. Total turnover for the day was $101.1 million. Across the Tasman sentiment was good with Australia’s S&P/ASX 200 gaining 0.6 percent in afternoon trading. Japan’s Nikkei 225 index was up 1.7 percent and Hong Kong’s...

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