MARKET CLOSE: NZ shares rise, led by A2 Milk's rebound after results losses

Tue, 06 Sep 2016

By Sophie Boot Sept. 6 (BusinessDesk) - New Zealand shares reached a fresh record despite a lack of corporate news, with A2 Milk Co, Ebos Group and Contact Energy leading the index higher. The S&P/NZX50 Index rose 11.5 points, or 0.2 percent, to 7,503.53. Within the index, 25 stocks rose, 18 fell and eight were unchanged. Turnover was $133.1 million. The index was buoyed yesterday after Nuplex shares ceased trading on the NZX at the close of trade, with money reallocated pushing most stocks higher, Craig Stent, director and research an...

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