MARKET CLOSE: NZ shares rise led by A2, Spark rebounds

Wed, 01 Apr 2015

By Suze Metherell April 1 (BusinessDesk) - New Zealand shares rose, led by A2 Milk Co on its plans for US expansion. Spark New Zealand advanced as investors returned to yield-paying stocks. The NZX 50 Index rose 1.598 points, or 0.03 percent, to 5835.583. Within the index, 14 stocks rose, 28 fell and eight were unchanged. Turnover was $125 million. A2 advanced 3.6 percent to 58 cents extending yesterday's 12 percent gain. The milk marketing company debuted on the ASX yesterday and reiterated plans to launch in US from mid-April, in Ca...

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