MARKET CLOSE: NZ shares rise, led by Warehouse; Diligent falls on downgrade

Tue, 03 Mar 2015

By Suze Metherell March 3 (BusinessDesk) - New Zealand shares rose to a fresh record pushed higher by Warehouse Group after James Pascoe lifted its stake to become the second-biggest shareholder in the retailer. Diligent Board Member Services fell after an analyst's report downgraded the stock. The NZX 50 Index edged up 0.988 points, or 0.02 percent, to 5893.661. Within the index, 19 stocks rose, 22 fell and nine were unchanged. Turnover was $171 million Warehouse rose 3.7 percent to $2.82 paring a rise to as high as $2.90 after the re...

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