MARKET CLOSE: NZ shares rise; retirement stocks Metlife, Summerset extend recovery

Fri, 12 Apr 2019

By Paul McBeth April 12 (BusinessDesk) - New Zealand shares edged higher as retirement stocks Summerset Group and Metlifecare continued to recover from a sharp selloff. Air New Zealand and Tourism Holdings fell in the wake of weaker tourism numbers. The S&P/NZX 50 Index increased 1.73 points, or 0.02 percent, to 9,768.33. Within the index, 22 rose, 19 fell and nine were unchanged. Turnover was $95.6 million, with just three companies trading on volumes of more than a million shares. Retirement stocks rose for a second day having spent...

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