MARKET CLOSE: NZ shares rise, led by Warehouse, Ryman while Orion, Chorus keep falling

Wed, 31 Aug 2016

By Sophie Boot Aug. 31 (BusinessDesk) - New Zealand shares rose as investors reshuffled their portfolios following earnings season, with Warehouse Group and Ryman Healthcare up while Orion Health Group dropped. The S&P/NZX 50 Index gained 10.88 points, or 0.2 percent, to 7,398.83. Within the index, 24 stocks rose, 23 fell and four were unchanged. Turnover was $186.3 million, a recovery from two quiet days earlier in the week. "There's again a little profit taking today, reporting season is now over and it was a bit of a case of 'buy...

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