MARKET CLOSE: NZ shares rise; Restaurant Brands gains, Tourism Holdings at record high

Thu, 29 Jun 2017

By Sophie Boot June 29 (BusinessDesk) - New Zealand shares rose, led by Restaurant Brands New Zealand, while Tourism Holdings and Fisher & Paykel Healthcare hit record highs. The S&P/NZX 50 Index gained 60.96 points, or 0.8 percent, to 7,685.45. Within the index, 35 stocks rose, eight fell and seven were unchanged. Turnover was $134.9 million. James Smalley, director at Hamilton Hindin Greene, said the market had seen broad-based buying, with the benchmark index near record levels, though volumes were lower today. Restaurant Brands led...

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