MARKET CLOSE: NZ shares rise, led by bounces from NZX, Sky TV, Fletcher Building

Fri, 10 Mar 2017

By Sophie Boot March 10 (BusinessDesk) - New Zealand shares gained, with NZX, Sky Network Television and Fletcher Building recovering after selling this week. The S&P/NZX50 Index rose 36.6 points, or 0.5 percent, to 7,177.58. Within the index, 22 stocks fell, 21 rose and seven were unchanged. Turnover was $112.2 million. "There have been some quite big moves in the market - you've seen some stocks swing around a bit, names that have been quite weak have rebounded a bit," said James Lindsay, senior portfolio manager at Nikko Asset Mana...

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