MARKET CLOSE: NZ shares rise on Nuplex, Vital Healthcare earnings

Thu, 14 Aug 2014

By Suze Metherell Aug. 14 (BusinessDesk) - New Zealand shares rose after Nuplex Industries beat expectations for its full-year earnings. Vital Healthcare Property Trust paced the advance, while on the NZ Alternative Index, Pushpay soared 48 percent in its debut after a compliance listing. The NZX 50 Index rose 7.707 points, or 0.2 percent, to 5062.411. Within the index, 20 stocks rose, 15 fell and 15 were unchanged. Turnover was $102.6 million. Investors have been hesitant to place big bets on stocks as they await companies earnings...

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