MARKET CLOSE NZ shares rise, led by Ryman, Telecom, Fletcher

Mon, 06 May 2013

May 6 (BusinessDesk) – New Zealand shares rose, joining a global rally on optimism about world growth, as Ryman Healthcare charted another record high and Fletcher Building and Telecom gained. The NZX 50 rose 51.90 points, or 1.1 percent, to 4596.22. Within the index, 31 stocks rose, 10 fell and nine were unchanged. Turnover was $122 million. The Standard & Poor’s 500 Index climbed to a record close on Friday after the US economy added more jobs than expected and commodities rallied. Gains continued through much of Asia. Ryman, the retireme...

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