MARKET CLOSE: NZ shares rise, led by Comvita, Tegel, Port of Tauranga

Wed, 25 Jan 2017

By Sophie Boot Jan. 25 (BusinessDesk) - New Zealand shares rose, with Comvita continuing its bounce from Monday's plunge and Tegel Group Holdings gaining. The S&P/NZX 50 Index gained 26.76 points, or 0.4 percent, to 7,090.92. Within the index, 30 stocks rose, 12 fell and eight were unchanged. Turnover was $145.2 million. "Following on from offshore leads, it's a sea of green everywhere," said David Price, broker at Forsyth Barr. "It's picking up but it's still relatively quiet, this is kind of the first week back. The market has gone i...

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