MARKET CLOSE NZ shares rise on tech relief rally; Xero, Wynyard, SLI lift

MARKET CLOSE NZ shares rise on tech relief rally; Xero, Wynyard, SLI lift
By Suze Metherell April 9 (BusinessDesk) – New Zealand stocks snapped a two-day decline as a rally in the US saw tech stocks regain some lost ground. Xero, Wynyard Group, GeoOp and SLI Systems rose. Kathmandu Holdings jumped as a takeover of Australia’s David Jones lifted sentiment for retailers across the Tasman. The NZX 50 Index rose 35.851 points, or 0.7 percent, to 5067.407. Within the index, 29 shares rose, 11 fell and 10 were unchanged. Turnover was $111 million. Asian markets followed Wall Street higher as investors bought back into s...