MARKET CLOSE NZ shares rise, led by Michael Hill, OceanaGold

MARKET CLOSE NZ shares rise, led by Michael Hill, OceanaGold
Oct. 5 (BusinessDesk) - New Zealand shares rose led by Michael Hill International after it lifted first-quarter revenue, and OceanaGold as the start of its new gold mine, Didipio, in the Philippines looms. The NZX 50 Index rose 22.86 points, or 0.6 percent, to 3904.85. Within the index, 25 stocks rose, 17 fell and eight were unchanged. Turnover was about $105 million. Jewellery maker Michael Hill rose 8.9 percent to $1.23. Shares in the Brisbane-based company jumped after it lifted the company's first quarter sales increased by 14 percent t...