MARKET CLOSE: NZ shares rise in pre-Xmas trading; Kathmandu snaps declines; POT at record

Wed, 24 Dec 2014

By Suze Metherell Dec. 24 (BusinessDesk) - New Zealand shares rose in light pre-Christmas, abbreviated trading. Kathmandu Holdings gained, snapping three days of declines. Port of Tauranga climbed to a record close. Sky City Entertainment Group fell after announcing cost overruns in its convention centre. The NZX 50 Index rose 5.32 points, or 0.1 percent, to 5557.417. Within the index, 21 stocks rose, 14 fell and 15 were unchanged. Turnover was $39.1 million. In November the daily average turnover was $162 million, according to NZX month...

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