MARKET CLOSE: NZ shares rise in quiet trading; beat-up Pushpay, Fletcher find favour

Mon, 29 Apr 2019

By Paul McBeth April 29 (BusinessDesk) - New Zealand shares rose as stocks that have been beaten up in recent months - such as Pushpay Holdings and Fletcher Building - attracted interest from investors seeking bargains in a market trading at high valuations. The S&P/NZX 50 Index increased 18.2 points, or 0.2 percent, to 10,012.77. Within the index, 20 stocks rose, 22 fell, and eight were unchanged. Turnover was $106 million. Pushpay led the market higher, up 2.4 percent at $3.79 on a volume of 265,000 shares, about two-thirds its 90-...

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