MARKET CLOSE NZ shares rise Pumpkin Patch, retailers gain

Mon, 03 Sep 2012

Sept. 3 (BusinessDesk) - New Zealand shares rose, led retailers such as Pumpkin Patch, Kathmandu and Warehouse Group on optimism they’ve managed to keep costs under control if a competitive market for the consumer dollar. Tourism Holdings soared on merger plans. The NZX 50 Index rose 2.35 points, or 0.1 percent, to 3669.03 in the first trading day for September. Within the index, 23 shares rose, 17 fell and 10 were unchanged. Turnover was about $104 million. Pumpkin Patch, the children's clothing retailer, rose 9.1 percent to $1.20. The stoc...

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