MARKET CLOSE: NZ shares rise, led by Xero, Infratil while NPT falls

Thu, 30 Mar 2017

By Sophie Boot March 30 (BusinessDesk) - New Zealand shares advanced, led Xero and Spark New Zealand while NPT and Argosy Property dropped. The S&P/NZX 50 Index gained 35.55 points, or 0.5 percent, to 7,169.12. Within the index, 24 stocks rose, 18 fell and eight were unchanged. Turnover was $166 million. The local index has risen for three sessions in a row, bolstered by strong leads from international markets. Xero led the index, up 3 percent to $19.29 after saying it reached a milestone of signing more than 1 million customers, while...

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