MARKET CLOSE: NZ shares rise, joining global lift; NZ Refining, Fletcher gain

Thu, 28 Jun 2012

June 28 (BusinessDesk) - New Zealand shares rose, led by beat-up stocks including NZ Refining and Fletcher Building. Guinness Peat Group fell after a legal setback. The NZX 50 Index rose 13.56 points, or 0.4 percent, to 3401.34. Within the index, 29 stocks rose, 12 fell and nine were unchanged. Turnover was $119 million. Equity markets worldwide were broadly stronger following gains in US home sales and durable goods orders. The European summit starting Thursday will take over as the focus through the rest of the week. NZ Refining, the oper...

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