MARKET CLOSE: NZ shares rise, led by Metro Glass, Heartland; A2, Synlait extend slide

Mon, 11 Dec 2017

By Sophie Boot Dec. 11 (BusinessDesk) - New Zealand shares rose, led by Metro Performance Glass and Heartland Bank, while dairy-related companies A2 Milk Co and Synlait Milk continued to weaken. The S&P/NZX 50 Index gained 42.42 points, or 0.5 percent, to 8,277.51. Within the index, 30 stocks rose, 16 fell and four were unchanged. Turnover was $118 million. "We had pretty good leads from offshore markets," said Mark Lister, head of private wealth research at Craigs Investment Partners. "Sentiment is still very buoyant and we're in the...

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