MARKET CLOSE: NZ shares rise on Chorus rally; Spark, Xero, Intueri fall

Tue, 15 Dec 2015

By Sophie Boot Dec. 15 (BusinessDesk) - New Zealand shares rose as Chorus hit a record high today while Spark New Zealand, Xero and Intueri Education Group dropped. The S&P/NZX 50 Index rose 5.3 points, or 0.09 percent, to 6040.55. Within the index, 17 stocks rose, 25 fell and eight were unchanged. Turnover was $200 million, of which $43 million related to Chorus. The benchmark was led up by Chorus, which climbed 23.9 percent to $3.84, an all-time record. The Commerce Commission today released its final determination for what Chorus ca...

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