MARKET CLOSE: NZ shares rise, led by TradeMe; Westpac, ANZ gain with ASX rally

Thu, 19 Nov 2015

By Sophie Boot Nov. 19 (BusinessDesk) - New Zealand shares rose, led by auction site Trade Me Group, while a rally in Australian shares helped lift Westpac Banking Corp and Australia & New Zealand Banking Group. The S&P/NZX50 rose 15.4 points, or 0.26 percent, to 5995.24. Within the index, 23 stocks rose, 19 fell and 8 were unchanged. Turnover was $127 million. Trade Me rose 2.9 percent to $3.87, a six-month high. The company has "lagged behind the market quite a bit recently," said Brian Gaynor, executive director at Milford Asset...

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