MARKET CLOSE NZ shares rise, led by NZX, Kathmandu

Thu, 20 Sep 2012

Sept. 20 (BusinessDesk) - New Zealand shares rose, paced by Kathmandu after the retailer showed an improvement in second-half trading and said it expects a better performance in 2013. NZX and Contact Energy were among leading gainers. The NZX 50 Index rose 21.38 points, or 0.6 percent, to 3819.28. Within the index, 31 shares rose, 12 fell and seven were unchanged. Turnover was a $167.9 million. Kathmandu, the outdoor clothing and equipment retailer, rose 2.9 percent to $1.75 even as the Christchurch-based company posted an 11 percent decl...

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