MARKET CLOSE: NZ shares rise, led by Auckland Airport, Ryman Health while Kathmandu drops

Fri, 18 Nov 2016

By Sophie Boot Nov. 18 (BusinessDesk) - New Zealand shares rose as buyers came back into the market, led upwards by Auckland International Airport and Ryman Healthcare while Kathmandu Holdings dropped. The S&P/NZX 50 Index gained 43.19 points, or 0.6 percent, to 6,857.85. Within the index, 25 stocks rose, 16 fell and 10 were unchanged. Turnover was $212.8 million. "We are starting to see some retail bargain hunters coming into the market, I've noticed that with my own client base, investors are thinking that the Trump effect has slowed...

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