MARKET CLOSE NZ shares rise; Ryman resumes climb, Fletcher finds base

Wed, 22 May 2013

May 22 (BusinessDesk) – New Zealand shares rose as Ryman Healthcare climbed to a new record, bouncing back from a decline that may have been triggered by a rival’s stock selldown, while Fletcher Building halted its slide analyst presentation sin Australia. The NZX 50 Index gained 19.34 points, or 0.4 percent, to 4610.18. Within the index, 23 stocks rose, 16 fell and 11 were unchanged. Turnover was $187 million, with $60 million of that made up of trading in Fletcher Building. Ryman, the retirement village operator with more than a decade of...

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